Author: Vinay Tiwari

Market witnesses need-based buying Buyers turn wary amid uncertainties India’s induction furnace (IF) steel prices declined across commodities today. Mills’ offers dropped by up to INR 500/tonne (t) compared to the previous trading session. Sponge iron prices decreased by INR 100-300/t d-o-d, with the highest fall seen in the Chennai and Hyderabad markets. Billet prices…