Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d on increased buying – 19 Feb
Transaction volumes increased d-o-d to 17,700 t Indian sponge iron prices declined by INR 100-650/tonne (t) d-o-d across major locations today. PDRI prices closed at INR 23,500-26,200/t, while CDRI settled at INR 25,700-30,500/t. Today, the market witnessed a downtrend and suppliers reduced their offers as buyers procured material at these levels. A moderate volume of…