Tag: Domestic sponge prices

Lack of domestic bulk bookings further decline Indian sponge offers. The prices fell by INR 100-300/MT (USD 1-5) D-o-D, INR 500-900/MT (USD 7-14) W-o-W & INR 1,500-2,000/MT (USD 23-31 ) M-o-M. The producer source mentioned, selling pressure will ease further over limited inquiries which is continued for quite sometimes. With fall in prices, today’s domestic…