Author: Sakshi Singh
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India: Sponge iron prices rise d-o-d on active bookings – 21 Nov
OMC’s auction drives positive sentiments Transaction volume surges sharply d-o-d Sponge iron prices in India increased by INR 100-500/tonne (t) across various markets today. PDRI market prices closed at INR 24,100-26,400/t, while CDRI tags stood at INR 26,750-31,500/t. Today, sponge iron prices moved upward, as positive sentiments floated after OMC’s iron ore auction. Increased inquiries…