Category: Sponge Iron
-

India: Sponge iron prices rise, trade volumes decrease
Finished steel prices up INR 100-500/t Trade volumes decrease amid higher prices Domestic sponge iron prices rose by INR 50-400/t d-o-d across regions, supported by firm sentiment in the finished steel segment. BigMint’s assessment for Raipur PDRI settled at around INR 28,050/t exw, up INR 300/t d-o-d. Demand, however, did not keep pace with prices.…