Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 8 Jul
India’s induction furnace (IF) steel prices edged down further on 8 July, 2024. Offers announced by the mills decreased by INR 100-700/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices fell by INR 100-650/t, with the steepest fall seen in Ramgarh market. Billet prices decreased by INR 300-700/t, with the…