Author: Sudhasha Talreja

India’s induction furnace (IF) steel market witnessed an uptick in prices on 3 June, 2024. Offers announced by the mills increased in the range of INR 250-1,400/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose by INR 250-1,000/t, with the Hyderabad market witnessing the sharpest rise. Billet prices increased by INR…