Author: Sristi Kumari

Sponge iron tags drop d-o-d, rebar prices increase Buyers stay away, following robust bookings earlier India’s induction furnace (IF) steel market witnessed limited trading today, with mills varying offers by INR 50-500/tonne (t) d-o-d. Sponge iron offers decreased by INR 50-150/t d-o-d, except in Durgapur and Bellary, where prices rose by INR 50/t and 100/t,…