Author: Sakshi Singh

Buyers avoid bulk procurements Transactions rise slightly d-o-d Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations today. Buyers remained cautious in an uncertain market environment, leading to a drop in sponge iron prices. PDRI prices closed within the range of INR 23,000-26,400/t, while CDRI settled at INR 25,200-30,500/t. The cautious sentiment…