Author: Sristi Kumari

India’s induction furnace (IF) steel market experienced a slowdown due to festive season, with mills’ offers fluctuating by INR 50-200/tonne (t) d-o-d on 28 August 2025. Sponge iron offers decreased by INR 50-150/t d-o-d except in the Ramgarh market where prices inched up by INR 100/t. Billet tags dropped by INR 50-200/t d-o-d across locations…