Author: Vinay Tiwari
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Indian DRI, billet and rebar update – 22 Apr
India’s induction furnace (IF) steel market saw negative trends in prices as offers floated by the mills dropped in the range of INR 100-850/tonne (t) d-o-d on 22 April, 2024. Sponge iron prices fluctuated by INR 200-850/t. Ramgarh market witnessed the highest drop. Billet prices varied in the range of INR 100-800/t. The highest drop…