Author: Bhupesh Agrawal

India’s induction furnace (IF) steel market witnessed mixed sentiments today, with mills’ offers falling by INR 100-500/tonne (t) day-on-day (d-o-d) on 25 April 2025. Sponge iron prices decreased by INR 100-350/t d-o-d. Prices dropped sharply in Ramgarh by INR 350/t. Billet tags decreased by INR 100-500/t d-o-d, with the highest drop of INR 500/t seen…