Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 5 Sep
India’s induction furnace (IF) steel market witnessed negative price trends today. Offers from the mid-sized mills decreased in the range of INR 200-900/tonne (t) d-o-d on 5 Sep, 2022. Sponge iron prices in most regions declined by INR 400-800/t. The maximum price decline of INR 800/t was seen in the Jharsuguda market in the eastern…