Author: Akshay Bedekar

India’s induction furnace (IF) steel prices declined on 12 November 2024. Offers announced by the mills fell by INR 50-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices decreased by INR 100-500/t and the major price fell in Durgapur market. Billet prices edged down by INR 50-200/t, with the sharpest…