Author: Sudhasha Talreja

India’s induction furnace (IF) steel market witnessed a downward price trend on 31 January, 2024, as offers floated by the mills dipped in the range of INR 50-400/tonne (t) d-o-d compared to the previous trading session. Sponge iron prices fell in the range of INR 50-300/t. The steepest fall was seen in the Ramgarh market.…