Author: Aditi Raj
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Indian Sponge Market Continues to Dip Further
Albeit post Diwali market has opened with positive sentiments, domestic sponge iron prices this week have declined across major markets. Two prime sponge markets, Durgapur and Raipur have witnessed major downfall of INR 500/MT W-o-W on account of dwindling demand from finished steel market. However, other markets like Rourkela and Bellary have remained almost firm…