Author: Romil Sethi
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India: Sponge iron prices dip d-o-d, trade volumes remain moderate – 5 Feb
Sponge iron prices in India decreased by INR 50-350/t on 5 Feburary, 2024. Trading activity remained moderate on lower prices, especially in the eastern region. PDRI prices closed at a range of INR 25,000-27,000/t, while CDRI prices were assessed at INR 26,250-31,100/t. About 14,600 t of sponge iron transactions were recorded in the country on…