Author: Sudhasha Talreja

India’s induction furnace (IF) steel market continued following the negative price trend on 11 June, 2024. Offers announced by the mills decreased in the range of INR 100-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell by INR 100-600/t, with Ramgarh market witnessing the sharpest fall. Billet prices dropped by INR…