Author: Sagar
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Indian DRI, billet and rebar update – 19 Jan
Spot trades in the Indian secondary steel market weakened as prices declined further by upto INR 1,200/t ($16) d-o-d. As per the assessment, sponge iron and billet prices have fallen by INR 200-1,200/t in most of the regions and a major price drop in billet was noticed in central, western and southern India (Raipur, Jalna,…