Author: Romil Sethi

Sponge iron prices in India dropped further by INR 50-450/t in all major markets. This decline can be attributed to negative market sentiments influenced by a significant downturn in semi-finished steel prices. PDRI prices stood at INR 24,100-26,800/t and CDRI prices at INR 26,000-30,200/t. South African RB2 coal prices remained stable today. Non-coking RB2 (5500…