Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 07 Jan
India’s induction furnace (IF) steel market witnessed a mixed price trend today. Mills’ offers varied by up to INR 500/tonne (t) compared to the previous trading session. Sponge iron prices fluctuated in the range of INR 100-300/t. The sharpest drop of INR 300/t was seen in Ramgarh. Billet prices varied in the range of INR…