Tag: Sponge Iron Market
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Indian Sponge Prices Dip Further over Poor Demand
Domestic sponge iron market has witnessed further downfall in prices amidst lull buying activities and weak global sentiments. Sponge prices have slumped by upto INR 800/MT and MS billet by upto INR 700/MT in a week’s time. Raipur based manufacturers are offering DR-CLO (82 FeM) grade sponge at INR 15,700-16,100/MT and pellet sponge (P-DRI) at…