Author: Sagar
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Indian DRI, billet & rebar update- 22nd Oct
The Indian secondary steel prices increased further by INR 100-450/t today, billet prices moved up by INR 100-450/t & sponge iron prices increased by INR 100-400/t. Following the trend, rebar prices rallied by INR 100-400/t in major markets. Trade participants in central & eastern India are hopeful for further increase in semis offers, primarily due…