Author: Romil Sethi

India’s daily sponge iron prices fell by INR 50-200/t in Bellary, Rourkela and Raipur due to limited trades reported today. Meanwhile, prices rose by INR 150-250/t in Durgapur and Ramgarh as most of the manufacturers resisted to slash their offers. There was lack of buying interest through participants, thus spot trades remained low. Buyers booked…