Author: Aditi Raj

  • Central Indian Sponge Prices under Pressure

    Central Indian Sponge Prices under Pressure

    High inventory with sponge makers has led to selling pressure on the manufacturers in central India. This in turn has forced the producers to reduce their offers in domestic market. In a week, C-DRI prices have declined by INR 100-300/MT, which today further corrected by INR 100-400/MT against last day closing. Meanwhile, MS billet prices…