Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 8 Feb
India’s induction furnace (IF) steel market followed an upward movement on 8 February, 2024, across regions as offers floated by the mills increased in the range of INR 100-300/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 100-300/t, with the Raipur and Odisha’s Jharsuguda market witnessing…