Author: Sagar

Indian sponge, billet & rebar prices in secondary market increased sharply by INR 100-400/MT today on improved spot trades following rally in raw material prices. The sponge iron makers in Raipur reported healthy bookings of P-DRI over 5,000 MT with increase in price range by INR 300-400/MT to INR 17,100-17,200/MT ex-plant. Similar comments were received…