Author: Sudhasha Talreja

India’s induction furnace (IF) steel market prices followed a downward movement on 23 August, 2024. Offers announced by the mills decreased by INR 50-400/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices fell by INR 100-400/t. The steepest fall was seen in Durgapur market. Billet prices dropped by INR 50-400/t,…