Author: Sakshi Singh
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India: Sponge iron prices rise on moderate trading – 4 Mar
Buyers continue with need-based procurements Sponge iron prices in India rose by INR 100-300/tonne (t) d-o-d across markets today, amid moderate trading observed. While, Bellary CDRI Sponge prices dropped by INR 200/t. PDRI prices closed at INR 23,900-26,600/t, while CDRI was at INR 26,350-31,000/t. Today, market participants conducted need-based procurement because of the increase in…