Author: Shikha Patle

  • India: Sponge iron prices gain d-o-d on improved demand

    India: Sponge iron prices gain d-o-d on improved demand

    Trade volumes nearly double d-o-d as buyers return to market Production costs steady, as pellet prices rise, iron ore holds firm Sponge iron prices increased by INR 100-500/t d-o-d across major regions on 3 February, while Bellary and Hyderabad markets witnessed a marginal decline of around INR 100/t. Trading activity was strong throughout the day,…