Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices edged lower on 9 May 2024. Offers announced by the mills dropped in the range of INR 100-1,000/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped in the range of INR 100-550/t. The sharpest drop was seen in the Durgapur market. Billet prices fell by…