Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 3 Aug
India’s induction furnace (IF) steel market noticed mixed trends and offers varied in the range of INR 100-900/tonne (t) d-o-d on 3 August. Sponge iron prices fluctuated in the range of INR 100-500/t with a rise of INR 500 seen in the southern market (Hyderabad and Bellary). Moreover, billet offers dropped by INR 200-600/t. However,…