Author: Akshay Bedekar

Limited trades observed across regions  Prices likely to remain supported this week  India’s induction furnace (IF) steel prices showed mixed trends d-o-d on 16 July 2026. Sponge iron prices fluctuated by INR 50-300/t d-o-d, with the sharpest rise of INR 300/t seen in Chennai, where prices reached INR 26,200/t. However, major drop of INR 200/t…