Author: Neesha Sen

Market turns cautious amid unclear price trends Sellers adjust trade discounts, prices drop d-o-d India’s induction furnace (IF) steel prices declined d-o-d on 6 January 2025. Mills reduced offers by INR 50-600/tonne (t) across markets compared to the previous trading session. Sponge iron prices registered a decrease of INR 50-350/t d-o-d, and the steepest fall…