Author: Vinay Tiwari

The domestic induction furnace (IF)-route steel market saw a negative price trend in the week 9 ( 26 February- 2 March, 2024). Semi-finished steel prices came down by INR 100-500/tonne (t). The trade reference prices for hot rolled coil (HRC) and cold rolled coils (CRC) declined this week in the major markets. Iron ore and…