Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 7 Feb
India’s induction furnace (IF) steel market witnessed a mixed price trend on 7 February, 2024, as offers floated by the mills varied in the range of INR 50-300/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices varied slightly in the range of INR 50-200/t. The Durgapur and Raipur markets rose by INR…