Author: Sakshi Singh

Indian sponge iron prices dropped INR 50-350/t today in all major locations. Sponge iron prices fell as a result of the weakening in semi-finished and finished steel prices due to soft demand. PDRI prices were assessed at INR 23,200-26,300/t and CDRI prices at INR 25,650-29,800/t. South African RB2 coal prices remained stable. Non-coking coal (5500…