Author: Romil Sethi

Spot trade volumes remain moderate Sponge iron prices in all key domestic markets dropped in the range of INR 50-250/tonne (t) due to falling steel prices. PDRI market prices closed at a range of INR 25,050-27,100/t and CDRI prices, at INR 26,400-30,900/t. South African RB2 prices increased by INR 100/t today. Non coking RB2 (5500…