Author: Romil Sethi

Sponge iron prices in India fell by INR 50-400/t in all key locations. Prices fell on weak sentiments in the spot market and limited purchase enquiries. PDRI market prices closed at a range of INR 24,950-27,000/t and CDRI prices, at INR 26,150-30,900/t. About 8,460 tonnes (t) of sponge iron transactions were recorded in the country…