Author: Manish Vasdev

  • Indian Sponge Market Trade-wise Updates

    Indian Sponge Market Trade-wise Updates

    In a week’s time, sponge iron prices rose marginally by INR 100-200/MT, however, billet offers have surged sharply by INR 400-500/MT. The slight rise in sponge prices is mainly  due to constant selling pressure on sponge manufacturers. Currently, 80 FeM C-DRI lump offers are assessed in Odisha at INR 10,800-11,200/MT,  Durgapur at INR 10,800-11,800/MT, Bellary…