Author: Sakshi Singh
-
India: Sponge iron prices fall d-o-d – 24 Jun
Indian sponge iron prices declined by INR 50-200/tonne (t) across locations today. However, prices in Ramgarh and Chennai trended higher by INR 100-200/t. Buyers adopted a wait-and-watch approach due to an unstable market. Dispatches of moderate bookings at lower offers led to a drop in sponge iron prices. PDRI prices closed at INR 21,200-25,700/t, while…