Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 23 Jan
India’s induction furnace (IF) steel market prices edged lower on 23 January, 2024, across regions as offers floated by the mills decreased in the range of INR 50-400/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dipped in the range of INR 50-300/t, with the Ramgarh market witnessing the sharpest decline. Billet…