Author: Vinay Tiwari

India’s induction furnace (IF) steel market witnessed a downward price trend today. Offers by the mills dropped by up to INR 500/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 150-400/t, with the highest decline seen in the Hyderabad and Raipur markets. Billet prices fell in the…