Category: Sponge Iron

  • India: Sponge iron prices strengthen by INR 100-1,300/t d-o-d

    India: Sponge iron prices strengthen by INR 100-1,300/t d-o-d

    Buying activity improves, finished steel prices increase Higher raw material costs likely to support prices in near term Domestic sponge iron prices rose by around INR 100-1,300/t d-o-d across regions, supported by improved buying sentiment and increased buyer participation. PDRI prices increased by around INR 400-1,100/t. In Raipur, PDRI prices settled at approximately INR 28,500/t…