Category: Sponge Iron

Sponge iron prices showed a mixed trend, with stability in the central region, a marginal decline of around INR 100/t in the east, and an uptick of INR 200-300/t in the south. Trade volumes were estimated at around 3,600 t. BigMint’s billet index declined by INR 250/t day-on-day to INR 41,000/t exw-Raipur. The conversion spread…