Author: Akshay Bedekar

India’s induction furnace (IF) steel market witnessed moderate sentiments today, and mills raised offers by INR 50-300/tonne (t) d-o-d. Sponge iron offers increased by INR 50-150/t d-o-d, with a steepest rise in the Raigarh by INR 150/t. Billet tags rose by INR 50-200/t d-o-d across locations except in Raipur where prices inched down by INR…