Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices  in Durgapur, West Bengal, edged down today. Offers floated by the mills fell by up to INR 600/t. Meanwhile, sponge iron prices fell by INR 450/t. Around 6,500 t of trade happened at INR 28,700-28,800/t DAP Durgapur. Moreover, billets prices saw a drop of INR 550/t. Sellers reduced offers amid…