Author: Sudhasha Talreja

India’s induction furnace (IF) steel witnessed an uptick in prices on 16 May 2024. Offers announced by the mills increased in the range of INR 100-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose by INR 100-4oo/t. The sharpest rise was seen in the Ramgarh market. Billet prices increased in the…