Category: Semi Finished

Trade activity remains subdued amid market volatility Price drop to continue until finished demand improves India’s induction furnace (IF) steel market witnessed bearish sentiments today, with mills’ offers falling by INR 100-800/tonne (t) d-o-d. Sponge iron prices decreased by INR 100-600/t d-o-d. Prices dropped sharply in Raipur and Raigarh, by INR 600/t. Billet tags decreased…