Author: Sagar
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Indian DRI, billet and rebar update – 23 Feb
Spot steel prices of Indian secondary mills have declined up to INR 900/t ($12), d-o-d, on account of lessened demand, however the market recovered later at the end of the day on slightly improved inquiries on expectations of a rebound in prices. As per SteelMint’s assessment, domestic sponge iron and billet prices have dropped by…