Sponge iron prices declined on January 11 on low buying support, market sources said.
The sentiment continued to be on the lower side, sources said.
The prices fell in the range of Rs 500-1350 per ton in all the major markets of sponge iron, they said.
Following table gives indicative prices of sponge iron in various markets:
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 |
8-Jan-16 |
1-Jan-16 |
9-Dec-15 |
12-Jul-15 |
8-Jan-15 |
|
MANDI GOVINDGARH |
15,800 |
16,700 |
14,300 |
- |
- |
DURGAPUR |
12,500 |
13,500 |
11,600 |
15,800 |
19,000 |
JAIPUR |
15,600 |
- |
12,400 |
- |
- |
RAIGARH |
12,150 |
13,500 |
11,600 |
15,500 |
19,400 |
ROURKELA |
21,000 |
22,000 |
18,500 |
23,700 |
27,500 |
GHAZIABAD |
NA |
25,300 |
22,300 |
27,700 |
30,800 |
HYDERABAD |
23,000 |
24,500 |
21,500 |
25,300 |
29,200 |
GOA |
NA |
- |
21,500 |
24,300 |
29,800 |
Source: Traders
Sponge iron prices decline
India Steel Market Watch
January 11: Sponge iron prices declined on January 11 on low buying support, market sources said.
The sentiment continued to be on the lower side, sources said.
The prices fell in the range of Rs 500-1350 per ton in all the major markets of sponge iron, they said.
Following table gives indicative prices of sponge iron in various markets:
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 |
8-Jan-16 |
1-Jan-16 |
9-Dec-15 |
12-Jul-15 |
8-Jan-15 |
|
MANDI GOVINDGARH |
15,800 |
16,700 |
14,300 |
- |
- |
DURGAPUR |
12,500 |
13,500 |
11,600 |
15,800 |
19,000 |
JAIPUR |
15,600 |
- |
12,400 |
- |
- |
RAIGARH |
12,150 |
13,500 |
11,600 |
15,500 |
19,400 |
RAIPUR |
13,300 |
14,300 |
- |
16,400 |
19,500 |
ROURKELA |
12,100 |
12,600 |
11,000 |
14,500 |
18,500 |
Source: Traders