Tag: CDRI
-

Indian Sponge offers Down despite Rising Iron Ore Prices
Indian Sponge iron prices have fallen by INR 200-400/MT in a week after being resistant for quite some time and despite rising Iron ore prices in domestic market. Subdued demand and low margins have forced many small and mid sized Sponge units to cut down their production drastically. Market Highlights Rungta Mines, one of the…