Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 20 Feb
India’s induction furnace (IF) steel market followed an upward movement on 20 February, 2024, across regions as offers floated by the mills increased in the range of INR 50-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 50-250/t, with the Hyderabad and Bellary markets witnessing the…