Author: Vinay Tiwari

Volatile sentiment in north India makes buyers cautious Prices may continue to fall until finished demand improves India’s induction furnace steel prices continued their downtrend on 19 February, falling by up to INR 1,000/t d-o-d. Weak demand and market uncertainty pressured prices. Sponge iron prices declined by INR 100-250/t d-o-d, with the steepest drop of INR…