Author: Vinay Tiwari
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Indian DRI, billet and rebar update – 1 March
India’s induction furnace (IF) steel market followed a mixed price trend across commodities today. Mills’ offers fluctuated by up to INR 500/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 50-150/t with the highest fall seen in the Durgapur market. Billet prices fell in the range of…