Author: Vinay Tiwari

Trade momentum softens, mills’ offers decline Market uncertainties lead to need-based buying India’s induction furnace (IF) steel market saw bearish trends today, as mills’ offers fell by up to INR 300/t compared to the previous trading session. Sponge iron prices decreased by INR 50-200/t d-o-d, with the highest fall seen in the Hyderabad. Billet tags…