Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 26 Apr
India’s induction furnace (IF) steel prices witnessed a downtrend on 26 April, 2024, as offers released by the mills dropped in the range of INR 100-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices plunged in the range of INR 100-500/t, with the steepest decline seen in the Ramgarh market. Billet prices…