Tag: Indian Sponge iron capacity
-
Indian Sponge Iron Prices down upto INR 500/MT W-o-W
Sponge iron prices in Indian spot market noticed correction upto INR 500/MT owing to weak demand in finished steel. It is anticipated that there will be improvement in supply of Iron ore. Current offers are in the range of INR 21,000-23,000/MT on Ex-Works basis for 79-80 FeM. Prices, which shot up sharply after the Supreme…