Author: Sudhasha Talreja

India’s induction furnace (IF) steel market witnessed a minor correction in prices on 27 February, 2024, as offers floated by the mills decreased in the range of INR 50-250/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dropped in the range of INR 50-200/t. The Bellary and Hyderabad markets witnessed the sharpest…