Author: Sudhasha Talreja
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Indian DRI, billet, and rebar update – 25 Oct
Prices in India’s induction furnace (IF) steel market saw a mixed trend today, with offers by mills varying in the range of INR 50-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 50-300/t except for Raigarh where a slight drop of INR 50/t was seen. Billet prices…