Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices  in Durgapur, West Bengal, remained largely stable today. Offers floated by the mills decreased by up to INR 100/t. Sponge iron prices were stable at INR 31,500/t. Around 2,800 t of trades happened at INR 31,300-31,600/t DAP Durgapur. Billet prices witnessed a marginal decline of INR 100/t. Sellers quoted offers…