Author: BigMint Technologies Pvt Ltd

Indian Sponge iron prices remain unchanged this week. 79-80 FeM Sponge iron (C-DRI) prices are assessed at INR 17,800-19,700 /MT and P-DRI of grade 79-80 FeM at INR 17,000-18,100/MT. Falling domestic Pig iron and imported Scrap prices have created pressure on Indian Sponge iron market. Iron Ore Supply improves; Buyers wait for further Correction Increasing…