Author: Akshay Bedekar

Buyers focus on need-based purchases  Manufacturers reduce offers amid dull trading India’s induction furnace (IF) steel prices fell d-o-d across regions on 6 May 2026. Sponge iron prices decreased by INR 100-250/t d-o-d, with the sharpest decline of INR 250/t recorded in Durgapur, where prices settled at INR 26,050/t. Billet prices dropped by INR 50-500/t…