Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 22 Aug
India’s induction furnace (IF) steel market witnessed price corrections today across product categories. Offers across mills decreased by up to INR 500/tonne d-o-d, on 22 Aug’22. Sponge iron prices fell in the range of INR 50-200/t with the highest decline seen in Raipur and Jharsugda market. Billet prices dropped in the range of INR 100-500/t.…