Author: Akshay Bedekar

Dull buying enquiries keep market sentiments soft Rising Inventories and cautious steel demand weigh on market India’s induction furnace (IF) steel prices fell d-o-d across regions on 13 May 2026. Sponge iron prices decreased by INR 50-300/t d-o-d, with the sharpest decline of INR 300/t recorded in Chennai, where prices settled at INR 26,200/t. Billet…