Author: Sagar
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Indian DRI, billet and rebar update – 7 Jan
Indian secondary steel market continued to observe a downtrend today as well and prices have declined by up to INR 700/t ($10), on d-o-d basis. As per SteelMint’s assessment, sponge iron and billet prices have dropped by INR 100-700/t. Also, rebar prices have declined by INR 100-600/t in most of the locations, however, central (Raipur)…