Author: Sudhasha Talreja
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Indian DRI, billet and rebar update – 23 Jul
India’s induction furnace (IF) steel market witnessed a mixed price trend on 23 July, 2024. Offers announced by the mills fluctuated by INR 50-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices varied slightly in the range of INR 50-100/t. On the other hand, billet prices increased by INR 100-300/t…