Author: Akshay Bedekar

Buyers stay on sidelines, refrain from bulk bookings Manufacturers reduce offers amid dull trading activities India’s induction furnace (IF) steel prices fell d-o-d across regions on 7 May 2026. Sponge iron prices decreased by INR 100-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Durgapur, where prices settled at INR 25,750/t. Billet prices…