Author: Lipsita Nayak

Indian sponge iron prices fell by around INR 100-700/t d-o-d. The decline reflected bearish sentiment and poor buying participation during the early part of the session. BigMint’s benchmark Raipur PDRI prices settled at around INR 27,750/t ex-Raipur, stable d-o-d. BigMint recorded around 17,000 t of sponge iron trade. BigMint’s billet index increased marginally by INR…