Category: Sponge Iron

NMDC’s iron ore price hike supported spot offers; Bookings improve despite subdued finished steel demand India’s sponge iron market opened the month of August with a modest upward price movement, as spot offers increased by INR 50-150/tonne across major producing regions. The Bellary region, however, witnessed a price dip of INR 100/t in lumps-based DRI,…