Author: Sakshi Singh

Buyers adopt wait-and-watch approach Transaction volumes reman low d-o-d Indian sponge iron prices declined by INR 50-200/tonne (t) across major locations today. Buyers adopted a wait-and-watch approach due to an unstable market, which led to subdued procurement and, consequently, a drop in sponge iron prices. PDRI prices closed at INR 24,400-27,500/t, while CDRI settled at…