Author: Sagar
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Indian DRI, billet & rebar update- 29th Oct
Indian secondary steel prices increased further by INR 50-500/t today. Billet prices rallied by INR 50-500/t, however a slight drop of INR 100-200/t was noticed in Gujarat, Mumbai & Rourkela. Following the trend, sponge iron prices have seen a marginal increase of INR 50-200/t in many locations. Also, rebar prices moved up by INR 100-500/t…