Author: Sakshi Singh

Cautious sentiments keep prices under pressure Transaction volumes continue to be relatively low Indian sponge iron prices declined by INR 100-500/tonne (t) across major locations today. Buyers adopted a wait-and-watch approach due to an unstable market, which led to subdued procurement and, consequently, a drop in sponge iron prices. PDRI prices closed at INR 26,300-27,950/t,…