Author: Sagar
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Indian DRI, billet and rebar update – 28 Dec
Indian secondary steel market has noticed a positive trend today and prices rose upto INR 1,000/t ($14) d-o-d. Demand continues to remain supported along with rising domestic scrap prices. Also, with primary mills raising steel prices, the mid sized steel plants are increasing offers significantly. As per the assessment, sponge iron prices have rallied up…