Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 11 Apr
India’s induction furnace (IF) steel market observed an uptick in prices on 11 April, 2024, as offers floated by the mills increased in the range of INR 100-650/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 100-350/t. The sharpest rise was seen in the Ramgarh market.…