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  • India: JSW Steel Reduces Gas based DRI Prices

    India: JSW Steel Reduces Gas based DRI Prices

    JSW Steel, India’s largest private steel producer has reduced its gas based DRI (sponge iron) offers by around INR 500/MT (USD 8) for Feb 2018 deliveries, according to the trade participant. Prior to this in Jan the company had sharply raise prices by INR 2,000-2,500/MT. The current offers for FeM 80-82 DRI are reported at…