Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 23 Apr
India’s induction furnace (IF) steel market prices edged lower on 23 April, 2024, as offers floated by the mills dipped in the range of INR 50-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped in the range of INR 50-300/t, with Bellary and Jharsuguda markets witnessing the sharpest drop. Billet prices…