Author: Sristi Kumari
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Indian DRI, billet, rebar update – 12 Nov
Limited buying interest keeps market subdued Prices may remain range-bound in near term India’s induction furnace (IF) steel market experienced limited trading today. Offers varied in the range of INR 50-300/tonne (t) d-o-d. Sponge iron prices eased by INR 50-200/t d-o-d across key regions. On the other hand, prices inched up by INR 100/t in…