Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices witnessed an upward trend on 29 May 2024. Offers announced by the mills increased in the range of INR 100-700/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices increased by INR 200-350/t. The sharpest increase was seen in the Hyderabad market. Billet prices witnessed an uptick…