Author: Sagar
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Indian DRI, billet and rebar update – 12 Jan
Indian secondary steel market continued to notice a downward trend and prices have dropped upto INR 900/t ($12) today. However on falling prices, trades improved, especially in central India, with about 7,000 t of spot trades each in sponge iron & billets being recorded in Raipur by SteelMint. As per the assessment, sponge iron prices…