Author: Sakshi Singh

Indian sponge iron prices fell by INR 50-300/tonne (t) d-o-d today in major locations today. Prices declined as market participants remained cautious amid a downtrend in the steel market. PDRI prices were assessed at INR 23,100-26,500/t, while CDRI prices were reported at INR 25,400-30,600/t. Despite cautious market sentiments, the recorded transaction volumes remained moderate. Transactions…