Author: Sristi Kumari

Bearish market sentiment persists amid weak demand Suppliers offer discounts to ease inventory pressure India’s induction furnace (IF) steel market witnessed limited trading today, and mills’ offers varied by INR 50-500/tonne (t) d-o-d. Sponge iron offers decreased by INR 50-200/t d-o-d, with the sharpest fall of INR 200/t in Ramgarh market. Billet tags declined by…