Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 22’Jan
IF steel prices showed mixed trends, semis and finished longs fluctuated amid weak demand. Spot trades remained moderate, with limited buying activity and largely stable regional prices. India’s induction furnace (IF) steel market remained mixed across commodities on 22 January. Offers from mills varied by up to INR 300/tonne (t) compared to the previous trading…