Author: Sagar
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Indian DRI, billet and rebar update – 25 Jan
Indian secondary steel market sentiments turned to be supportive today and prices have increased up to INR 1,000/t ($14), d-o-d. As per SteelMint’s assessment, sponge iron prices have moved up by 100-300/t & billet by INR 300-1,000/t in which a major hike was noticed in Hyderabad by INR 1,000/t, while in remaining locations prices surged…