Sponge iron prices in Indian market kept unchanged from last week, market brokers do not anticipate any major gains in coming weeks on sufficient supply of material and falling iron ore prices in domestic market.
Current Offers for Sponge iron across India
Raipur= Rs 21,200-300 (79 FeM, Basic)
Raigarh= Rs 20,500/t (79 FeM, Basic)
Rourkela= Rs 19,200-900/t (78 FeM, Basic)
Bellary= Rs 18,700/t (75 FeM, Basic)
Bellary(Pellet Sponge)= Rs 17,300/t (75 FeM, Basic)
Durgapur= Rs 24,500/t (79 FeM, Incld All)
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