Tag: Sponge Prices

Today, domestic sponge iron prices have corrected marginally by INR 100-200/MT, but trade remains thin in major markets like Raipur and Durgapur. Few small manufacturers are heard to sold sponge iron with a discount of INR 300-400/MT due to high inventory. Current 78-80 FeM C-DRI offers are prevailing in the range of INR 11,250-12,700/MT and…