Tag: Sponge Iron Prices
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Indian Sponge Prices Strengthen by INR 400-800/MT D-o-D
The imposition of MIP on certain steel products has brought some relief to Indian steelmakers. Prices of sponge iron in domestic market now seems to be rising continuously. Today, sponge manufacturers have increased their offers by INR 400-800/MT across major markets. Presently, 78-80 FeM C-DRI prices are hovering in the range of INR 12,000-14,400/MT and…