Category: Sponge Iron

Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations. PDRI prices closed within the range of INR 23,000-26,400/t, while CDRI settled at INR 25,200-30,500/t. BigMint’s daily billet index recorded a marginal recovery of INR 100/tonne (t) d-o-d, settling at INR 39,900/t exw-Raipur. BigMint’s domestic end-cutting scrap index, tracking the Mandi Gobindgarh market,…