Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 5 Jul
India’s induction furnace (IF) steel prices fell on 5 July, 2024. Offers announced by the mills edged down by INR 100-800/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices fell by INR 100-450/t, with the steepest fall seen in Ramgarh market. Billet prices decreased by INR 300-650/t, with the sharpest…