Tag: Sponge Iron
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Indian Sponge Offers Slip by INR 50-200/MT D-o-D
Domestic sponge market has registered a price correction of INR 50-200/MT against yesterday’s trade. Falling billet prices amid weak demand has resulted in decrease of sponge iron prices except in South India. Offers for FeM 78%, C-DRI by East based manufacturers are at INR 12,600-12,800/MT ex-Rourkela, and INR 14,200/MT ex-Durgapur. Where as the FeM 80%…