Author: Sakshi Singh
-
India: Sponge iron prices rise despite modest bookings – 1 Apr
Sponge iron prices in India increased by INR 100-500/tonne (t) across markets today. However, Ramgarh and Hyderabad saw prices dropping by INR 100-150/t. PDRI market prices closed at INR 25,100-27,600/t, while CDRI tags were at INR 27,900-32,300/t. Today, sponge iron prices moved upward, as positive sentiments prevailed on increasing inquiries in the market. However, the…