Author: Bhupesh Agrawal

Market slow with few transactions recorded Buyers wary due to sluggish finished steel demand India’s induction furnace (IF) steel market witnessed subdued sentiment, with mill offers falling by INR 100-350/tonne (t) d-o-d. Sponge iron prices decreased by INR 100-200/t d-o-d, with the highest drop of INR 200/t seen in Raigarh. Billet tags declined by INR…