Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 2 Feb
India’s induction furnace (IF) steel market prices continued moving in a downward direction on 2 February, 2024, across regions as offers floated by the mills dropped in the range of INR 100-250/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell in the range of INR 100-250/t, with the Raipur market witnessing…