Author: Vinay Tiwari

India’s Induction Furnace Steel Market Sees Continued Downtrend as Mill Offers Drop by Up to INR 600/T Compared to Previous Session, Reflecting Weak Demand and Market Uncertainty. Sponge iron prices decreased in the range of INR 50-350/t with the highest fall seen in the Durgapur market. Billet prices fell in the range of INR 100-300/t.…