Tag: C-DRI Prices

  • Indian Sponge Prices Firm Despite Weak Demand

    Indian Sponge Prices Firm Despite Weak Demand

    Domestic sponge offers have continued to be firm with a price uptick of INR 100-200/MT D-o-D, although demand and buying activities remain sluggish. Presently, buyers are cautious as market has been fluctuating persistently since a month. In Dec’15, prices increased by upto INR 2,500/MT amid expected imposition of MIP. Market sources reported that the manufacturers…