Category: Sponge Iron

Indian sponge iron prices fell by INR 50-350/tonne (t) d-o-d in major markets across the country. Prices declined as market participants remained cautious amid weakening steel prices and reduced inquiries. PDRI prices were assessed at INR 23,300-27,000/t, while CDRI prices were at INR 25,700-30,800/t. BigMint’s billet index declined by INR 50/tonne (t) day-on-day, settling at…