Category: Sponge Iron

Indian sponge iron prices dropped INR 100-300/t d-o-d in all major locations amid modest buying. PDRI prices were assessed at INR 23,350-25,700/t and CDRI tags at INR 24,700-29,800/t. BigMint’s billet index fell by INR 350/tonne (t) d-o-d to INR 39,050/t exw-Raipur. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market, declined by INR 300/tonne…