Author: Sagar
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Indian DRI, billet & rebar update- 3rd Sept
Indian billet prices continued to decline by INR 100-500/t, following with the rebar prices declined by INR 100-400/t in many locations, however a hike of INR 200/t was noticed in Chennai. Also, sponge iron prices have seen a fall of INR 100-250/t in all the markets. Sources assume that semis prices should rebound on an…