Author: Sakshi Singh

Indian sponge iron prices dropped INR 50-150/t today in all major locations. However, in Bellary and Hyderabad, prices rose by INR 50-100/t. Sponge iron prices fell as a result of the weakening in semi-finished and finished steel prices due to soft demand. PDRI prices were assessed at INR 21,600-25,500/t and CDRI prices at INR 24,200-29,100/t.…