Author: Sakshi Singh

Sponge iron prices in India increased by INR 100-800/tonne (t) across markets today. The price increase may be attributed to a spike in bookings due to low steel prices, which have a tendency to encourage greater offers. PDRI prices closed within the range of INR 25,000-26,600/t, while CDRI prices were assessed at INR 27,300-31,600/t. Significant…