Author: Romil Sethi

Indian sponge iron prices witnessed a modest uptick today ranging from INR 50-200/tonnes (t) in almost all key locations, despite moderate buying. However, sponge iron prices only in the Durgapur market fell slightly by INR 100/t. PDRI market prices closed at a range of INR 24,700-27,150/t and CDRI prices, at INR 26,000-31,200/t. The market saw…