Author: Sakshi Singh

Indian sponge iron prices declined by INR 50-200/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 23,200-26,500/t, while CDRI settled at INR 25,500-30,400/t. Cautious sentiment in a bearish market resulted in low transaction volumes…