Author: Bhupesh Agrawal

Mills’ offers swing sharply Sponge prices also volatile India’s induction furnace (IF) steel market was marked by some intense volatility today, with mills’ offers falling by INR 100-500/tonne (t) d-o-d in certain regions, but increasing by INR 100-200/t in others. Sponge iron prices decreased by INR 100-350/t d-o-d, with the highest drop of INR 350/t…