Author: Vinay Tiwari

India’s induction furnace (IF) steel segment (semi-finished and finished longs) witnessed a downward trend across commodities today. Mills’ offers dropped by up to INR 1,000/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 100-800/t, with the sharpest fall seen in the Durgapur market. Billet offers fell by…