Author: Sagar
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Indian DRI, billet and rebar update – 11 Jan
Indian secondary steel prices remained on downtrend due to limited spot trades and prices have dropped by up to INR 500/t ($7) today. As per SteelMint’s assessment, induction grade billet & rebar prices have declined by INR 100-500/t, while sponge iron offers have fallen by INR 100-300/t, d-o-d, in most of the locations. Further trade…