Author: Bhupesh Agrawal

Market remains slow with fewer transactions Buyers wary due to sluggish finished demand India’s induction furnace (IF) steel market witnessed subdued sentiment, with mills’ offers falling by INR 50-400/tonne (t) d-o-d. Sponge iron prices decreased by INR 50-150/t d-o-d, with the highest drop of INR 150/t seen in Raigarh. Billet tags declined by INR 100-400/t…