Author: Vinay Tiwari

India’s induction furnace (IF) steel market followed mixed price trends across commodities today. Mills’ offers varied by up to INR 500/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 50-300/t with the highest fall seen in Raigarh and Hyderabad markets. However, prices rose by INR 300/t in…