Author: Romil Sethi

Sponge iron prices in India rose by INR 50-500/t across key locations today. Prices continued to rise on increasing steel prices followed by improved demand. PDRI market prices closed at a range of INR 24,800-27,150/t and CDRI prices at INR 25,800-31,000/t. Sources informed BigMint that spot purchase enquiries were active through the day, nudging producers…