Author: Sudhasha Talreja

India’s induction furnace (IF) steel market prices continued the downward trend for third consecutive day on 6 June, 2024. Offers announced by the mills dipped in the range of INR 100-550/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped by INR 150-550/t, with Hyderabad market witnessing the sharpest drop. Billet prices…