Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 23 Feb
India’s induction furnace (IF) steel market prices followed an upward movement on 23 February, 2024, as offers floated by the mills increased in the range of INR 100-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 100-300/t. The sharpest rise was seen in the Hyderabad market.…