Author: Admin Operation
-
Indian sponge iron prices fall to 9-month low. Will this downtrend continue?
Indian domestic sponge iron prices have been falling over the past one month. SteelMint’s latest assessment shows sponge iron prices hitting a nine-month low. The benchmark sponge P-DRI (FeM 80%) prices in Raipur stood at INR 26,800/tonne (t) exw on 4 Dec’21. Similar price levels were last seen in Mar’21. It is important to mention…