Author: Akshay Bedekar

Cautious buying limits trading momentum Market expected to remain slow further India’s induction furnace (IF) steel prices fell d-o-d across products due to low demand on 17 February. Sponge iron offers decreased in the range of INR 50-500/t d-o-d, with the sharpest fall of INR 500/t in Chennai, where prices settled at INR 27,500/t. Billet…