Author: Sakshi Singh

Sponge iron prices in India rose in the range of INR 50-600/tonne (t) d-o-d across markets today, with moderate trading observed. PDRI prices closed at INR 24,900-27,700/t, while CDRI was assessed at INR 27,400-31,600/t. Today, market participants engaged in need-based procurement because of the rise in prices and high volume of bookings yesterday. Consequently, transaction…