Author: Sakshi Singh
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India: Sponge iron prices edge up on increased steel prices – 12 Aug’24
Sponge iron prices in India increased by INR 50-300/tonne (t) across various markets today, following the uptrend in steel prices. However, the Jharsuguda market was an exception, seeing a decrease of INR 100/t. Prices in the PDRI market closed within a range of INR 23,200-26,300/t, while CDRI prices ranged from INR 25,900-29,800/t. Trade volumes improved,…