Author: Sakshi Singh

Chennai market goes contrarian, shows downtrend Tight supply spurs active restocking by buyers Indian sponge iron prices moved up by INR 50-550/t today in key markets, while only Chennai showed a slight downtrend of INR 100/t d-o-d. With today’s increase, prices have shown a three-day rally. PDRI prices were assessed at INR 22,200-26,100/t at close…