Tag: Sponge Iron

Scrap prices fell in tune with Billet price post Diwali. But, stability in Sponge iron prices may create room for Scrap imports. Billet prices, which were speculated to surge post Diwali, have sloped down. Scrap followed suit with a fall of USD 5/MT in offers. Whereas, Sponge iron was found odd one out here, maintaining…