Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d on moderate buying – 2 May
Indian sponge iron prices declined by INR 100-300/tonne (t) across locations today with the exception of the Ramgarh, Raigarh and Raipur went up by INR 50-150/t market. PDRI prices closed at INR 23,300-26,900/t, while CDRI settled at INR 25,800-30,600/t. Today, the market witnessed a downtrend, as buyers stayed silent amid fluctuations in the market. Meanwhile,…