Author: Vinay Tiwari

Buyers adopt wait-and-watch mode Further price corrections expected India’s induction furnace steel prices weakened further on 20 February 2026, as mills reduced their offers. Sponge iron prices declined by INR 100-300/tonne (t) d-o-d, with the steepest drop of INR 300/t to INR 26,100/t in Bellary. Billet prices dropped in the range of INR 100-700/t d-o-d…