Author: Bhupesh Agrawal

India’s induction furnace (IF) steel market witnessed mixed trends, with prices increasing in some regions while decreasing in others. The rate of increase and decrease was within the range INR 50-300/tonne (t) d-o-d across markets. Sponge iron prices fluctuated by INR 50-200/t d-o-d, with the highest rise of INR 200/t seen in Ramgarh, whereas prices…