Author: Sakshi Singh

Indian sponge iron prices fell by INR 100-400/tonne (t) d-o-d today in major locations. Prices fell as market participants remained cautious in the face of a declining steel market and lack of inquiries. PDRI prices were assessed at INR 23,200-26,500/t, while CDRI prices were reported at INR 25,800-30,600/t. Despite a cautious market, the recorded transaction…