Author: Prashasti Giri

India’s sponge iron prices increased by INR 100-300/tonne (t) across regions today, except in the south India where a decline of INR 200-300/t was observed d-o-d. Despite the price fluctuations, buying activity remained moderate as higher spot offers throughout the day kept buyers cautious. Market participants closely monitored trends in the semi-finished steel segment, which…