Author: Romil Sethi

Prices remained supported on India’s induction furnace (IF) steel market on 15 Apr’22. Offers from the mid-sized mills rose further by up to INR 2,500/tonne (t) ($33/t) d-o-d. Sponge iron and billet prices increased in the range of INR 550-2,050/t, with the maximum hike seen in Durgapur’s billet market. Rebar (Fe 500) offers increased by…