Author: Akshay Bedekar

India’s induction furnace (IF) steel prices edged lower on 28 August 2024. Offers announced by the mills decreased by INR 50-400/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices witnessed a decline of INR 50-400/t. The steepest drop seen in Raigarh market. Billet prices sank by INR 100-400/t. The sharpest fall was…