Author: Vinay Tiwari
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Indian DRI, billet and re-bar update – 14 Feb
Sponge iron prices fluctuate sharply Rebar offers dropped by INR 100-300/t India’s induction furnace (IF) steel market followed a mixed price trend across commodities today. Mills’ offers varied by up to INR 300/tonne (t) compared to the previous trading session. Sponge iron prices fluctuated in the range of INR 50-200/t. The sharpest increase of INR…