Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, fell slightly today. Offers floated by the mills plummeted by up to INR 100/t. Sponge iron prices were recorded almost stable, though. Sponge offers increased in the first half but fell on low demand in the late trading hours. Around 3,300 tonnes (t) of deals…