Author: Sagar
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Indian DRI, billet & rebar update- 24 July’20
Indian spot steel prices were strong due to shortage of raw material and rising sponge iron prices along with improved demand in billets. According to SteelMint’s daily assessment Indian sponge iron prices increased by INR 300-600/t across major locations. Also, billet prices increased by INR 100-1,000/t, sharp hike was noticed in southern region (Hyderabad) whereas…