Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 24 Jul
India’s induction furnace (IF) steel market prices followed a downward movement on 24 July, 2024. Offers announced by the mills decreased by INR 100-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices fell by INR 100-250/t. Billet prices dropped by INR 100-500/t across all regions, except for Mumbai market where…