Author: Sakshi Singh

Sponge iron prices witnessed a steady decline today, dropping by INR 100-200/tonne (t) across location amid weakening market sentiments. Due to the dull demand for semi-finished and finished materials, purchasers remained cautious, which resulted in modest buying activity despite this large price reduction. PDRI prices were assessed at around INR 24,000-27,000/t at close of trading…