Author: Abhishek Rai

India’s induction furnace (IF) steel market saw positive price trends even as offers floated by the mills increased by up to INR 700/tonne (t) d-o-d on 13 January, 2023. Sponge iron prices edged up by INR 50-500/t. Prices rose by INR 500/t in Bellary. Billet prices increased in the range of INR 200-700/t. A hike…