Raipur based sponge manufacturers have increased offers by INR 200/t to INR 20,200-400/t exw. However few deals (around 1,000-1,500 t) were reported at lower price of INR 20,000-20,200/t exw. Majority of furnaces are looking to book volumes at around INR 19,800-20,000/t exw. Thus limited deals were reported today.
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