Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 17 May
Buyers remain majorly silent Sellers avoid any further hike India’s induction furnace (IF) steel prices increased slightly on 17 May 2024. Offers announced by the mills inched up in the range of INR 100-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose by INR 100-500/t, with the Jharsuguda market witnessing the…