Author: Sudhasha Talreja

India’s induction furnace (IF) steel market prices followed a downward movement on 9 August, 2024. Offers announced by the mills decreased by INR 50-500/tonne (t) d-o-d across markets compared to the previous trading session. Sponge iron prices fell by INR 50-350/t. The steepest fall was seen in Raigarh and Ramgarh markets. Billet prices dropped by…