Author: Sagar
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Indian DRI, billet and rebar update – 12 Feb
Spot trades in the Indian secondary steel market remained moderate as prices have fallen by up to INR 600/t ($8), d-o-d. As per SteelMint’s assessment, sponge iron and billet prices have dropped by INR 100-600/t in most of the regions. In line, rebar market has also observed limited inquiries and prices declined by INR 100-500/t…