Author: Sakshi Singh

Indian sponge iron prices increased by INR 50-300/tonne (t) d-o-d across key locations. PDRI prices were assessed at INR 21,300-25,800/t at the close of trading, while CDRI tags stood at INR 23,800-28,900/t. Today, market sentiment remained cautiously optimistic, driven by expectations of a potential uptrend in prices and a stabilization in demand. This development suggests…