Author: Sudhasha Talreja

India’s induction furnace (IF) steel prices continued to move in a downward direction on 24 January, 2024, as offers floated by the mills dropped 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 50-150/t, with the Hyderabad market witnessing the steepest…