Author: Rounak Gairarey

India’s domestic sponge iron market opened today with a slight price change of INR 100/MT, however on weekly basis prices fell by INR 100-300/MT on account of drop in billet offers. Currently, the coal based sponge (78-80 FeM) C-DRI price assessment stood at INR 16,500-17,800/MT (USD 232-251); prices are ex-plant & excluding GST. As per…