Author: Akshay Bedekar

India’s induction furnace (IF) steel market prices rose sharply today as offers floated by the mills increased in the range of INR 100-650/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices increased in the range of INR 100-500/t, with the Jharsuguda market witnessing the sharpest hike. Billet prices increased in the range…