Author: Romil Sethi

India’s sponge iron market witnessed a rise in prices today ranging from INR 100-300/t in almost all principal locations. This can be attributed to active spot trading coupled with buying interest. PDRI market prices closed at a range of INR 24,900-27,600/t and CDRI prices, at INR 26,400-31,250/t. Active bookings were seen across regions today, which…