Author: Akshay Bedekar

Buyers stay on sidelines, bulk bookings absent Manufacturers reduce offers amid dull trading activities India’s induction furnace (IF) steel prices fell d-o-d across regions on 4 May 2026. Sponge iron prices decreased by INR 50-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Hyderabad, where prices settled at INR 27,200/t. Billet prices dropped…