Author: Akshay Bedekar

Raw material shortage, strong demand drive price surge Prices to remain supported amid robust orders with sellers India’s induction furnace (IF) steel prices surged d-o-d on 1 April 2026, driven by strong bookings. Sponge iron offers rose in the range of INR 300-850/t d-o-d, with the sharpest rise of INR 850/t seen in Raipur, where…