Tag: Sponge

Indian Sponge prices have fallen by INR 200-400/MT W-o-W. Current offers are hovering in the range of INR 19,000-21,300/MT (USD 315-355/MT) on Ex-Plant basis. Sponge manufacturers are under pressure over short supply of Iron ore along with rising Coal prices in domestic market. Most of them have mentioned if situation persists like this for a…