SteelMint

Tag: Sponge Iron

  • Indian Sponge Prices down upto INR 1,200/MT

    Indian Sponge Prices down upto INR 1,200/MT

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    by

    Manish Vasdev
    in

    Falling demand for finished steel followed by power cuts in major steel producing states of India have forced Sponge prices to come down upto INR 1,200/MT in last one week. Current offers are hovering in the range of INR 19,800- 21,800/MT. “Demand for finished steel is low owing to unavailability of labors. With temperature soaring…