Author: Sakshi Singh

Prices erode by another INR 50-250/t Indian sponge iron prices declined further by INR 50-250/tonne (t) d-o-d across major locations today. PDRI prices closed at INR 21,500-25,500/t, while CDRI settled at INR 24,000-29,100/t. The market saw a decline today as buyers remained cautious. In the meantime, bids declined as buying interest weakened. A moderate number…