Author: Sagar
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Indian DRI, billet & rebar update- 10 August
Indian steel market has seen a supportive trend today. Sponge prices rallied by INR 550-1,200/t. Also, billet & rebar prices increased by INR 200-1,050/t across major markets. As per trade sources of semi products, with increasing prices, trades are taking place in sufficient volumes. Also, finished steel demand slightly improved today, as per re-rollers. Further…