Author: Sagar
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Indian DRI, billet & rebar update- 5 August’20
Indian steel prices remained supported and registered a hike of up to INR 300/t in sponge iron & billets. Also, rebar prices increased by INR 100-400/t in major locations. Industry experts stated that prices are rising due to continued shortage of raw material along with sponge iron, while demand of finished products remained average owing…