Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices witnessed a mixed trend on 7 May, 2024. Offers announced by the mills fluctuated in the range of INR 50-500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell in the range of INR 50-300/t. The sharpest drop was seen in the Durgapur market. Billet prices…