Author: Sagar
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Indian DRI, billet & rebar update- 2nd Nov
The Indian secondary steel market has noticed a sharp hike in prices of around INR 100-950/t today, billet prices have shooted up by INR 400-950/t & sponge iron prices have gained by INR 100-750/t. Also, rebar prices rallied by INR 100-700/t in major markets. Trades remain active & sufficient deals have been reported by industry…