Author: Bhupesh Agrawal

Market sees need-based buying, limited inquiries Prices expected to remain volatile in near term India’s induction furnace (IF) steel market witnessed volatility d-o-d, with mills’ offers increasing by INR 100-300/tonne (t) d-o-d in certain regions but decreasing by INR 200/t in others. Sponge iron prices climbed up by INR 100/t d-o-d, except in Bellary, which…