Author: Sakshi Singh

Indian sponge iron prices declined INR 50-350/tonne (t) across major locations today. In an unstable market, buyers continued to exercise caution, which triggered the decline in sponge iron prices to decline. PDRI prices closed within the range of INR 26,300-27,950/t, while CDRI settled at INR 28,150-33,700/t. Due to the bearish market’s cautious mindset, purchasers avoided…