Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 22 May
Market witnesses need-based buying Prices may vary slightly in near-term India’s induction furnace (IF) steel prices witnessed a mixed trend on 22 May 2024. Offers announced by the mills fluctuated in the range of INR 50-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices varied by INR 50-200/t. Prices in Bellary market…