Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices in Durgapur, West Bengal, dropped today. Offers floated by the mills fell by up to INR 500/t. Sponge iron prices dropped by INR 450/t. Around 2,700 t of trades happened at INR 31,800-31,900/t DAP Durgapur. Billet prices fell by INR 200/t. Sellers reduced offers due to lower bids from…