Author: Bhupesh Agrawal

Sponge iron, billet prices rise on healthy trades Rebar prices decrease d-o-d in most locations India’s induction furnace (IF) steel market witnessed intense volatility, with mills’ offers falling by INR 100-300/tonne (t) d-o-d in certain regions, but increasing by INR 100-550/t in others. Sponge iron prices increased by INR 100-550/t d-o-d, with a sharp hike…