Category: Sponge Iron

Sellers reduce prices to spur demand Limited deals concluded at lower tags Sponge iron spot prices fell by INR 50-250/tonne (t) d-o-d across major Indian markets, with Raigarh witnessing the steepest drop of INR 250/t. In contrast, Bellary recorded a gain of INR 100/t in lump-based DRI, supported by localised demand. Buyer inquiries remained scarce,…