Author: Sakshi Singh

Sponge iron prices in India decreased today by INR 50-200/tonne (t) across regions due to weakened market sentiment. Buying demand remained modest on Wednesday, impacted by sluggish movement in the semi-finished and finished steel segments, leading to further reductions in offers. PDRI prices closed within the range of INR 22,200-25,500/t, while CDRI prices were assessed…