Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 9’March
Indian IF steel prices rise as mills increase offers across major markets. Sponge iron, billet and rebar prices increase amid improving market sentiment. Indian induction furnace (IF) steel prices increased sharply as mills raised their offers across several markets, supported by improved sentiment and active price revisions. Sponge iron offers increased by INR 50-400/t day-on-day.…