Last Updated: 5/21/2025 11:39:00 PM
After marginally raising prices two weeks ago, sponge iron producers have been forced to roll back the price hike. Sponge iron produced by the secondary steel product is currently quoted at Rs 20,400/MT at the main hub, Rourkela, lower than Rs 20,800 a tonne two weeks ago. In Raipur, too, prices have come down by Rs 400 / MT in the past 15 days to trade at Rs 20,800.
After marginally raising prices two weeks ago, sponge iron producers have been forced to roll back the price hike.
Sponge iron produced by the secondary steel product is currently quoted at Rs 20,400/MT at the main hub, Rourkela, lower than Rs 20,800 a tonne two weeks ago. In Raipur, too, prices have come down by Rs 400 / MT in the past 15 days to trade at Rs 20,800.
