Author: Manish Vasdev

Indian Sponge iron prices stabilize owing to delayed monsoon Sponge manufacturers prefer Pellets over Lumps Price difference between P-DRI & C-DRI widens upto INR 2,000/MT (USD 33/MT) from an average of INR 1,200/MT (USD 20/MT) Recent gazetted mechanism by Odisha government on 50:50 rule  concerns Iron ore miners Indian DRI (Sponge iron) prices which have…