Author: Bhupesh Agrawal

Market sees limited trade amid price hikes Buyers show resistance to bulk purchases India’s induction furnace (IF) steel market witnessed subdued sentiment, with mills’ offers falling by INR 100-500/tonne (t) d-o-d. Sponge iron prices decreased by INR 50-250/t d-o-d, with the highest drop of INR 250/t seen in Durgapur. Billet tags declined by INR 100-300/t…