Author: Lipsita Nayak

Cautious buyers limit bookings at elevated price levels Firmer finished steel prices support higher sponge iron offers Domestic sponge iron prices increased by around INR 150-600/t across key regions, supported by higher input costs following yesterday’s late-evening Eastern Coalfields Limited (ECL) coal auction. In Raipur, P-DRI prices rose by INR 400/t d-o-d to INR 29,550/t.…