Author: Sakshi Singh
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India: Sponge iron prices rise d-o-d despite lower bookings – 20 Feb
Buyers show caution on price rise Inquiries remain scarce today India’s sponge iron prices increased by INR 100-400/tonne (t) d-o-d across key locations. PDRI prices were assessed at INR 23,500-26,300/t at the close of trading, while CDRI tags stood at INR 26,000-30,600/t. Amid the price hikes, bookings remained modest across regions. A lower number of…