Author: Sakshi Singh

Transaction volumes remain modest Buyers opt for need-based buying Sponge iron prices in India rose by INR 50-350/tonne (t) d-o-d across markets today, with moderate trading observed. PDRI prices closed at INR 23,700-26,650/t, while CDRI was at INR 26,100-30,700/t. Due to the price increase, market players today engaged in need-based procurement. As a result, an…