Author: Sagar
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Indian DRI, billet and rebar update – 19 Feb
Spot prices in the Indian secondary steel market remain supported, however, trades slowdown today as buyers were cautious to stock material due to slow demand in finished steel. As per SteelMint’s assessment, domestic sponge iron and billet prices have risen by INR 100-700/t in many regions. In context to the rebar market, prices have surged…