Author: Akshay Bedekar

India’s induction furnace (IF) steel prices witnessed a sharp rise in the market. Offers announced by the mills increased by INR 50-1,000/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices rose by INR 50-450/t, with the highest rise seen in the Ramgarh market. Billet prices increased by INR 400-800/t, with…