Author: Romil Sethi

Indian sponge iron prices fell further today by INR 50-500/t in all major locations. Prices fell due to the downtrend in the semi-finished and finished long steel segments which led to weak demand throughout the day. PDRI market prices closed at a range of INR 27,500-28,850/t and CDRI prices were assessed at INR 28,500-34,600/t. South…