Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 2 May
India’s induction furnace (IF) steel prices witnessed a mixed trend on 2 May, 2024. Offers announced by the mills varied in the range of INR 50-700/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices varied in the range of INR 50-500/t. Prices in the Ramgarh market inched up by INR 50/t, while…