Author: Romil Sethi
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India: Sponge iron prices edge up d-o-d but demand remains limited – 17 May
Buying activity remains limited on higher offers Trade volumes drop significantly d-o-d Sponge iron prices in India continued to increase, with prices rising by INR 50 to 500/t d-o-d in major regions. However, sponge CDRI prices in the Durgapur market dropped INR 100/t. PDRI market prices closed at a range of INR 28,350-29,600/t and CDRI…