Despite volatility in the scrap market, sponge iron prices witnessed firm trends week-on-week, market sources said.
Prices remained firm in Mandi Govindgarh, Durgapur, Raigarh and Raipur by Rs 50-300 per ton.
Prices were down by Rs 100 per ton in Jaipur.
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 |
11-Jun-16 |
10-Jun-16 |
4-Jun-16 |
12-May-16 |
14-Dec-15 |
|
MANDI GOVINDGARH |
14,500 |
14,550 |
14,400 |
15,100 |
14,300 |
DURGAPUR |
11,450 |
11,700 |
11,150 |
11,050 |
11,600 |
JAIPUR |
13,600 |
13,700 |
13,700 |
14,200 |
12,400 |
RAIGARH |
11,300 |
11,500 |
11,150 |
11,700 |
11,600 |
RAIPUR |
12,200 |
12,200 |
12,150 |
12,450 |
13,100 |
ROURKELA |
10,500 |
10,600 |
10,500 |
10,800 |
11,000 |
Source: Compilation from various sources & ISMW data