Author: Akshay Bedekar

Buyers stay on sidelines, engage in need-based purchases Manufacturers reduce offers amid lack of fresh order bookings India’s induction furnace (IF) steel prices fell d-o-d across regions on 21 May 2026. Sponge iron prices decreased by INR 50-150/t d-o-d, with the sharpest decline of INR 150/t recorded in Durgapur, where prices settled at INR 23,950/t.…