Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices moved south on 17 June, 2024. Offers announced by the mills decreased by INR 50-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell by INR 50-350/t, with the Ramgarh market witnessing the sharpest fall. Billet prices dropped by INR 100-500/t. The steepest drop was seen…