Author: Sakshi Singh

Buyers cautious in uncertain market Transaction volumes remain subdued Indian sponge iron prices declined by INR 50-200/tonne (t) across major locations today. Sponge iron prices fell because buyers remained cautious in an uncertain market. PDRI prices closed in the range of INR 23,700-26,700/t, while CDRI settled at INR 25,900-30,400/t. Due to their apparent inability to…