Author: Sagar
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Indian DRI, billet and rebar update – 15 Dec
Indian spot steel trades remained supportive and the prices have increased up to INR 500/t ($7) today. According to SteelMint’s assessment, sponge iron prices have risen by INR 50-300/t in which a major hike of INR 300/t was noticed in Bellary. Following the same trend, billet prices have moved up by 100-500/t, however, a slight…