Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices plunged further on 13 May 2024. Offers announced by the mills decreased in the range of INR 50-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell by INR 50-550/t. The sharpest fall was seen in Odisha’s Jharsuguda market. Billet prices varied in the range of…