Author: Akshay Bedekar

Recent price hikes lead to subdued buying Most markets see price drops of INR 50-500/t India’s induction furnace (IF) steel market witnessed dull sentiments today, and mills reduced offers by INR 50-500/tonne (t) d-o-d on 27 June 2025. Sponge iron offers dropped by INR 100-300/t d-o-d, with a steep fall of INR 300/t in Raigarh.…