Author: Sakshi Singh

Indian sponge iron prices dropped by INR 100-500/tonne (t) in almost all major locations today. PDRI prices closed at INR 27,650-28,200/t while CDRI was assessed at INR 28,650-33,500/t. South African RB2 (5500 NAR) coal prices remained stable on Friday at INR 9,500/t ex-Gangavaram. Sponge iron prices declined due to a downtrend in semi-finished and finished…