Author: Sakshi Singh

Indian sponge iron prices fell by INR 100-600/tonne (t) d-o-d today in major locations. Prices for sponge iron fell as market participants remained cautious in the face of a declining steel market and lack of inquiries. PDRI prices were assessed at INR 24,500-27,200/t, while CDRI prices were reported at INR 27,000-31,800/t. Despite a cautious market,…