Author: Prashasti Giri

Lacklustre buying seen in semis segment Market sentiments remain cautious India’s sponge iron market experienced a further correction today, with prices falling by INR 50-200/t d-o-d. Despite the lower offers, buying activity remained subdued, reflecting cautious market sentiment. PDRI prices stood at INR 22,900-25,400/t today, while CDRI offers were assessed at INR 25,350-30,000/t. Deals for…