Author: Sakshi Singh

Buyers continue with need-based buying Sponge transaction volumes rise d-o-d Sponge iron prices in India rose by INR 100-350/tonne (t) across markets today. PDRI prices closed at INR 23,800-26,650/t, while CDRI was at INR 26,200-30,800/t. Wednesday saw an increase in sponge pricing. But, as prices and bookings continued to grow, participants turned to need-based buying.…