Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 21 Feb
India’s induction furnace (IF) steel market witnessed a downward price trend on 21 February, 2024, as offers floated by the mills dipped in the range of INR 50-300/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell in the range of INR 50-250/t. The steepest fall was seen in the Durgapur market.…