Author: Sakshi Singh
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India: Sponge iron prices drop amid restrained demand in uncertain market – 12 Jun
Prices fall as buyer caution persists Transaction volumes decline d-o-d Indian sponge iron prices declined by INR 100-200/tonne (t) today across major locations. The downtrend in sponge iron prices persisted, as buyers remained cautious in an uncertain market. PDRI prices closed within the range of INR 21,700-25,000/t, while CDRI tags settled at INR 24,200-29,100/t. Buyer…