Author: Romil Sethi
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India: Sponge iron prices dip d-o-d, trade volumes rise on lower offers – 2 Feb
Sponge iron prices in India decreased by INR 100-250/t on 2 February, 2024. PDRI market prices closed at a range of INR 25,000-27,200/t and CDRI prices, at INR 26,300-31,200/t. Trading activity increased on improved demand at lower prices, especially in the central region (Raipur and Raigarh). About 17,870 tonnes (t) of sponge iron transactions were…