Category: Sponge Iron

Sponge iron prices in India decreased today by INR 50-200/tonne (t) across regions due to weakened market sentiment. PDRI prices closed within the range of INR 22,200-25,500/t, while CDRI prices were assessed at INR 24,500-29,500/t. BigMint’s daily billet index dropped by INR 200/tonne (t) day-on-day (d-o-d), settling at INR 38,800/t exw-Raipur. BigMint’s domestic end-cutting scrap…