Author: Sakshi Singh

Market sees need-based purchases Transaction volumes decline d-o-d Sponge iron prices in India rose INR 50-500/tonne (t) d-o-d across markets today, with moderate trading observed. PDRI prices closed at INR 25,100-27,100/t, while CDRI was at INR 27,300-31,800/t. Today, market participants conducted need-based procurement because of the increase in price and bookings yesterday. Consequently, an average…