Category: Sponge Iron

Indian sponge iron prices declined by INR 50-300/tonne (t) d-o-d. Daily sponge iron trade volumes were estimated at around 12,000 t. BigMint’s billet index witnessed another correction of INR 200/tonne (t) d-o-d, settling at INR 34,950/t exw-Raipur. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, remained stable d-o-d at INR 33,900/tonne (t) DAP.…