Author: Sudhasha Talreja

India’s induction furnace (IF) steel market prices edged lower on 5 February, 2024, across regions as offers floated by the mills declined in the range of INR 50-300/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices dipped in the range of INR 50-300/t, with the Durgapur market witnessing the sharpest decline. Billet…