Tag: Indian Sponge Iron
-
Indian Sponge Offers Surge Over Rise in Billet Prices
Domestic sponge market has registered a price rise of INR 100-300/MT against yesterday’s trade. Constant demand amid increase in billet prices has led to surge in Indian sponge prices. The fresh offers for 78-80 FeM C-DRI offers are hovering in the range of INR 15,400-17,350/MT (USD 230-258) ex-works. Similarly, post increase in billet prices are…