Author: Shikha Patle

Buyers stay on sidelines, engage in need-based deals Prices continue to remain under pressure  India’s induction furnace (IF) steel prices fell d-o-d across regions on 7 August 2026. Sponge iron prices decreased by INR 50-400/t d-o-d. Prices fell by INR 400/t in Raigarh to INR 24,550/t. Billet prices fell by INR 50-500/t d-o-d across locations,…