Author: Vinay Tiwari
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Indian DRI, billet and rebar update – 6 Aug
India’s induction furnace (IF) steel market followed a downward price trend across commodities today. Mills’ offers dropped by up to INR 400/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 100-200/t with the highest fall seen in the Raipur market. Billet prices fell in the range of…