Author: Sakshi Singh

Sponge iron prices in India rose by INR 100-550/tonne (t) across various markets today. The price increase is primarily due to limited material availability, leading to a supply-demand imbalance and boosting market sentiment. PDRI market prices closed within the range of INR 25,100-26,200/t, while CDRI prices ranged from INR 26,750-30,500/t. Spot purchases were observed across…