Author: Vinay Tiwari

India’s induction furnace (IF) steel prices rose on 4 december as offers floated by mills rose by up to INR 450/tonne (t) compared to the last trading day. Sponge iron prices edged up by INR 100-450/t, with the maximum rise of INR 450/t seen in the Raigarh and Hyderabad markets. Billet prices increased by INR…