Author: Abhishek Rai

India’s induction furnace (IF) steel market witnessed positive price trends as offers across mills increased up to INR 1,500/tonne (t) d-o-d, on 2 Jan’23. Sponge iron prices edged up by INR 100-500/t. Prices saw a rise of INR 500/t in Raipur and Bellary. Billets prices saw an uptick of INR 350-1,500/t. The maximum rise was…