Author: Sakshi Singh

Sponge iron prices in India rose by INR 50-550/tonne (t) across markets today. Prices continued to rise as steel prices up-trended. However, demand remained very limited with offers on the higher side. PDRI market prices closed at a range of INR 24,400-27,200/t and CDRI, at INR 26,850-30,500/t. According to sources, spot purchase enquiries were relatively…