Author: Vinay Tiwari

India’s induction furnace (IF) steel market witnessed a downward price trend today. Offers by mills dropped by up to INR 400/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 100-250/t, with the highest fall seen in the Raigarh market. Billet prices fell in the range of INR…