Category: Semi Finished
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Indian DRI, billet, rebar update – 30 May
Market remains slow with fewer transactions Buyers wary due to sluggish finished demand India’s induction furnace (IF) steel market witnessed subdued sentiment, with mill offers falling by INR 50-500/tonne (t) d-o-d. Sponge iron prices decreased by INR 100-150/t d-o-d, with the highest drop of INR 150/t seen in Raipur and Bellary. Billet tags declined by…