Author: Romil Sethi

India: Sponge iron prices drop by up to INR 650/t on soft steel demand – 5 Jun

Jun 5, 2024

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by

Romil Sethi

in Sponge Iron

RB2 prices increase by INR 200/t Billet prices fall by INR 200-600/t Sponge iron prices in all key domestic markets dropped in the range of INR 200-650/tonne (t) on 5 June, 2024 due to soft steel demand. PDRI market prices closed at a range of INR 26,850-29,250/t and CDRI prices, at INR 29,500-35,000/t. South African…