Author: Vinay Tiwari

India’s induction furnace (IF) steel market saw a downward price trend today. Mills’ offers dropped by up to INR 200/tonne (t) compared to the previous trading session. Sponge iron prices decreased in the range of INR 100-200/t, with the highest fall seen in the Chennai market. Billet prices fell in the range of INR 100-200/t.…