Author: Sakshi Singh

Sponge iron prices in the country fell by INR 100-400/tonne (t) d-o-d today in major locations. Prices declined as market participants remained cautious about booking material at higher prices. However, sellers believe that prices have bottomed out and market will rise from here on. PDRI prices were assessed at INR 23,300-27,000/t across key markets today,…