Author: Rounak Gairarey

Raipur- one of the major sponge producing market based in Central region of India has observed decline in sponge prices and prices have hit 1 year low on excess supply and falling raw materials (Iron ore & Pellet). The latest deals for Sponge P-DRI (FeM 80) reported at INR 18,800-19,000/MT, C-DRI (FeM 80) at INR…