Taking a cue from the scrap market, sponge iron prices dropped in various markets during the week ended June 18, sources said.
Prices were down in Durgapur, Jaipur, Raigarh, Raipur and Rourkela.
Prices of sponge iron in various markets during the past six months (Rs/ton)
NAME OF THE MARKET |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Price Rs./Ton as on |
Weekly changes |
18-Jun-16 |
17-Jun-16 |
11-Jun-16 |
19-May-16 |
21-Dec-15 |
||
MANDI GOVINDGARH |
14,600 |
14,600 |
14,500 |
15,100 |
14,300 |
▲ |
DURGAPUR |
11,300 |
11,300 |
11,450 |
11,350 |
11,600 |
▼ |
JAIPUR |
13,500 |
13,500 |
13,600 |
13,700 |
12,400 |
▼ |
RAIGARH |
11,200 |
11,200 |
11,300 |
11,500 |
11,600 |
▼ |
RAIPUR |
12,000 |
12,000 |
12,200 |
12,400 |
13,100 |
▼ |
ROURKELA |
10,400 |
10,400 |
10,500 |
10,700 |
11,000 |
▼ |
Source: Compilation from various sources & ISMW data