Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices increased on 1 May, 2024, as offers announced by the mills edged up in the range of INR 150-1,000/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 150-500/t, with the sharpest rise seen in the Raipur market. Billet prices surged…