Author: Suyash Jain

Sellers reduce offers d-o-d amid subdued demand Buyers adopt wait-and-watch mode amid decline in prices India’s induction furnace (IF) steel prices dropped d-o-d across major regions on 23 April 2026. Sponge iron prices dropped by INR 50-200/t d-o-d, with drop of INR 200/t seen in Hyderabad market. Billet prices also declined by INR 100-10000/t d-o-d…