Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices  in Durgapur, West Bengal, increased today. Offers floated by the mills rose  up to INR 500/t. Sponge iron prices rose by INR 400/t today. Around 2,400 t trades happened at INR 31,800-32,000/t DAP Durgapur, for pellet-based DRI (P-DRI). Billet prices witnessed a hike of INR 300/t. Demand for billets was…