Tag: Indian Sponge Iron Prices

Indian sponge prices fell by INR 100-200/MT D-o-D and INR 400-600/MT W-o-W due to weak demand and high inventory. As reported, manufacturers in east region (West Bengal and Odisha) are holding their sales and not willing to sell below offered prices. Current offers by Rourkela based manufacturers are assessed at INR 10,300-10,400/MT for local buyers.…