Author: Abhishek Rai

India’s induction furnace (IF) steel market saw negative price trends today, while offers floated by the mills decreased by up to INR 300/tonne d-o-d. Sponge iron prices fell by INR 50-300/t on 16 September. Prices witnessed a fall in Bellary’s sponge iron market by INR 300/t. Billet prices fell in the range of INR 100-300/t.…