Author: Romil Sethi

India: Sponge iron prices drop by up to INR 550/t on soft steel demand – 10 Apr

Apr 10, 2024

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by

Romil Sethi

in Sponge Iron

Billet prices fall by INR 50-500/t Spot trade volumes increase d-o-d Sponge iron prices in all key domestic markets dropped in the range of INR 50-550/tonne (t) on 10 April, 2024 due to soft steel demand. PDRI market prices closed at a range of INR 26,750-28,700/t and CDRI prices, at INR 27,750-33,000/t. South African RB2…