Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal fell further today. Offers floated by the mills fell by up to INR 400/t. Sponge iron prices also decreased by INR 200/t. Around 5,350 t of trade happened at INR 31,500-31,800/t DAP Durgapur. Meanwhile, billets prices saw a fall by INR 250/t. Sellers reduced offers…