Author: Akshay Bedekar

Cautious buying limits trading momentum Prices expected to trend slow this week India’s induction furnace (IF) steel market witnessed a lack of trading activities on 24 February. Sponge iron offers decreased in the range of INR 100-500/t d-o-d, with the sharpest fall of INR 500/t heard in Raigarh, where prices settled at INR 25,800/t. Billet…