Author: Sakshi Singh

India: Sponge iron market weakens on limited buying interest – 27 Dec

Dec 27, 2024

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by

Sakshi Singh

in Sponge Iron

Indian sponge iron prices declined by INR 50-450/tonne (t) across major locations today, 27 December 2024. Buyers remained cautious amid an uncertain market environment, which led to a drop in sponge iron prices. PDRI prices closed in the range of INR 23,200-26,600/t, while CDRI settled at INR 26,000-30,800/t. Buyers avoided making big commitments because they…