Author: Sagar
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Indian DRI, billet and rebar update – 16 Feb
Spot steel trades in Indian secondary steel market have remained supportive and prices have moved up to INR 800/t ($11), d-o-d. As per the assessment, prices for domestic sponge iron have increased by INR 100-400/t with a major hike in prices of around INR 600-700/t were noticed in the Southern region (Hyderabad & Bellary). Also,…