Author: Sakshi Singh

Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations today. Buyers remained cautious in an uncertain market environment, leading to a drop in sponge iron prices. PDRI prices closed within the range of INR 22,300-25,600/t, while CDRI settled at INR 27,200-31,000/t. The cautious sentiment in the market resulted in modest transaction volumes…