Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, rose today. Offers floated by the mills increased by up to INR 500/tonne (t). Sponge iron prices were stable at INR 32,000/t today. Around 3,150 t of trade happened at INR 31,900-32,100/t DAP Durgapur. Billet prices witnessed a hike of INR 350/t. Demand for billets…