Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 30 May
India’s induction furnace (IF) steel prices witnessed slight variation on 30 May 2024. Offers announced by the mills fluctuated in the range of INR 50-400/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices varied by INR 100-300/t. Prices in Raigarh dropped by INR 300/t. Meanwhile, the same rose by INR 100/t in…