Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 14 Jan
India’s induction furnace (IF) steel market witnessed a mixed trend in prices today. Mills’ offers fluctuated by up to INR 300/tonne (t) compared to the previous trading session. Sponge iron prices fluctuated in the range of INR 100-150/t. The sharpest increase of INR 150/t was seen in Rourkela and Durgapur, while a decline of INR…