Author: Sagar
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Indian DRI, billet and rebar update – 21 Jan
Spot trades in the Indian secondary steel market remained moderate as prices continued to decline further up to INR 1,600/t ($22), d-o-d. According to SteelMint’s assessment, sponge iron and billet prices have dropped by INR 200-1,500/t in most of the regions and a major price fall in billet was observed in Mumbai and Hyderabad by…