Author: Romil Sethi

India’s sponge iron market witnessed a rise in prices today ranging from INR 50-350/t in almost all major locations. This can be attributed to active spot trading coupled with buying interest. PDRI market prices closed at a range of INR 24,900-27,400/t and CDRI prices, at INR 26,200-31,200/t. Bulk bookings were seen especially in the southern…