Author: Abhishek Rai

Induction furnace (IF)-route semi-finished steel prices  in Durgapur, West Bengal, edged down today. Offers floated by the mills fell by up to INR 300/t. Sponge iron prices fell by INR 50/t and around 2,800 t of trade happened at INR 32,400-32,500/t DAP Durgapur. Billet prices fell by INR 200/t. Demand for billet is still on the…