Author: Sagar
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Indian DRI, billet & rebar update- 27th Oct
The steel prices in Indian secondary market increased further by INR 100-500/t today. Billet prices moved up by INR 100-500/t & sponge iron prices by INR 300-500/t. In addition to it, rebar prices rallied by INR 100-400/t in major markets. According to market participants, rake movement remained suspended in Punjab as farmer’s strike continues. However,…