Author: Sagar
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Indian DRI, billet and rebar update – 21 Dec
Indian spot trades for semi-finished & finished long steel turned dull, which led to a plunge in prices in major locations. However in Durgapur prices have seen a hike of INR 500/t, d-o-d, as in a meeting associations have decided to increase conversion spread, especially for induction operators. According to SteelMint’s assessment, billet and rebar…