Author: Sakshi Singh
-
India: Sponge iron prices fall d-o-d on moderate buying – 6 May
Buying muted amid market volatility Bids fall as buying interest declines Indian sponge iron prices declined by INR 50-200/tonne (t) d-o-d across major locations today, amid a moderate transaction volume. PDRI prices closed at INR 23,600-27,700/t, while CDRI settled at INR 25,800-30,700/t. Prices fell, as buyers remained quiet amid market volatility. Additionally, bids declined, as…