Author: Sakshi Singh

Indian sponge iron prices declined by INR 100-300/tonne (t) today across major locations in the country. The downward trend in prices persisted as buyers remained cautious in an uncertain market. PDRI prices closed within the range of INR 23,000-26,000/t, while CDRI prices settled at INR 25,200-30,300/t. Buyer caution prevailed resulting in modest transaction volumes. Only 4,200…