Author: Sudhasha Talreja

India’s induction furnace (IF) steel market witnessed a spike in prices on 15 April, 2024, as offers floated by the mills increased in the range of INR 1,000-2,500/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices rose in the range of INR 1,500-2,000/t. The sharpest rise was seen in the Odisha’s Jharsuguda…