Taking a cue from the volatile trend in scrap rates, prices of sponge iron in Indian markets showed uncertainty and fell during the week ended February 13.
Sponge iron prices were down by Rs 200-500 in major markets for which data were immediately available.
Prices of sponge iron in various markets during past one year (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 |
13-Feb-16 |
12-Feb-16 |
6-Feb-16 |
17-Aug-15 |
13-Feb-15 |
||
MANDI GOVINDGARH |
15,800 |
16,200 |
15,200 |
17,800 |
- |
Up |
DURGAPUR |
12,800 |
13,300 |
13,500 |
14,200 |
18,000 |
Down |
JAIPUR |
15,400 |
15,600 |
15,800 |
- |
- |
Down |
RAIGARH |
12,350 |
12,850 |
12,200 |
14,600 |
18,300 |
Up |
RAIPUR |
13,500 |
- |
13,500 |
15,300 |
18,400 |
Same |
ROURKELA |
12,000 |
12,400 |
11,800 |
13,500 |
17,000 |
Up |
Source: Traders