Author: Sakshi Singh

Domestic sponge iron prices fell by INR 50-550/tonne (t) d-o-d in major locations today. Sponge iron prices edged down, as market players remained cautious in a declining steel market. Need-based procurement was observed in the market. PDRI prices were assessed at INR 22,600-26,000/t, while CDRI prices were heard at INR 25,000-30,200/t. Amid cautious market outlook,…