Category: Sponge Iron

Sponge iron prices rise on improved sentiment Buying activity improves; procurement stays cautious Indian sponge iron prices moved up by INR 100-300/t d-o-d across major regions on 27 May, supported by improved market sentiment and good buying activity. In the key Raipur market, prices increased by INR 250/t to INR 25,250/t ex-works. Market activity improved…