Author: Sakshi Singh

Indian sponge iron prices declined by INR 100-400/tonne (t) across major locations today. Prices for sponge iron continued to decline as participants exercised caution in an unpredictable market environment. PDRI prices closed within the range of INR 23,200-26,800/t, while CDRI prices settled at INR 25,800-30,400/t. Buyer caution prevailed in a declining market, resulting in modest…