Author: Sagar
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Indian DRI, billet and rebar update – 14 Dec
Indian secondary steel market turned supportive and the prices increased up to INR 1,100/t ($15) today. As per daily SteelMint’s assessment, sponge iron prices have moved up by INR 100-600/t & billet prices by INR 100-500/t. In context to finished steel, rebar prices rallied by INR 100-1,100/t in which a sharp hike of INR 900-1,100/t…