Author: Sudhasha Talreja

India’s induction furnace (IF) steel market prices continued following the downward movement on 24 April, 2024, as offers floated by the mills plunged in the range of INR 50-600/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped in the range of INR 200-450/t, with Odisha’s Jharsuguda market witnessing the sharpest drop.…