Author: Sakshi Singh

Indian sponge iron prices declined by INR 50-300/tonne (t) today across major locations. The downward trend in sponge iron prices persisted as buyers remained cautious in an uncertain market. PDRI prices closed within the range of INR 23,800-26,700/t, while CDRI settled at INR 26,150-30,500/t. Buyer caution prevailed in a declining market, resulting in modest transaction…