Author: Abhishek Rai

India’s induction furnace (IF) steel market witnessed negative price trends, while offers across mills decreased by up to INR 750/tonne d-o-d on 29 Dec, 2022. Sponge iron prices edged down by INR 50-400/t. On the other hand, prices saw a fall in Jharsuguda’s sponge iron market by INR 400/t. Billets prices also fell in the…