Author: Sagar
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Indian DRI, billet & rebar update- 28th Oct
Spot steel prices in secondary market continued to increase & surged by INR 50-700/t today. Billet prices moved up by INR 50-600/t & sponge iron prices by INR 100-300/t. Also, rebar prices rallied by INR 100-700/t with sharp hike of INR 700/t in southern region (Bangalore). Trades remained slow today in the central India, however…