Author: Romil Sethi

India’s sponge iron market witnessed a rise in prices today ranging from INR 50-200/t in all principal locations. This can be attributed to active spot trading coupled with buying interest. PDRI market prices closed at a range of INR 25,400-27,350/t and CDRI prices at INR 26,650-31,500/t. Active bookings were seen across regions, which led to…