Author: Sagar
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Indian DRI, billet and rebar update – 8 Jan
Indian secondary steel market turned to be optimistic and prices have raised up to INR 700/t ($10) today, on d-o-d basis. As per the assessment, billet prices have gained by INR 100-700/t in most of the locations except in Chennai. However, sponge iron offers fluctuated by INR 100-200/t. In addition to it, rebar prices have…