Author: Vinay Tiwari

India’s induction furnace (IF) steel market saw mixed price trends as offers floated by the mills varied in the range of INR 50-500/tonne (t) d-o-d on 29 January,2024. Sponge iron prices fluctuated by INR 50-150/t. Prices increased by INR 100/t in the Bellary and Hyderabad markets. However, a price drop of INR 150/t was noticed…