Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices continued moving south on 10 May 2024. Offers announced by the mills decreased in the range of INR 50-800/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices declined in the range of INR 50-450/t. The sharpest decline was seen in the Ramgarh market. Billet prices dropped…