Author: Bhupesh Agrawal
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India: Sponge iron prices rise d-o-d on healthy trading momentum
Robust bookings yesterday drive sellers to raise offers Trade slows slightly amid buyers’ hesitation to higher prices Indian sponge iron prices increased by around INR 100-500/t d-o-d across major regions. In Raipur, prices rose sharply, with BigMint assessing Raipur PDRI prices at INR 25,500/t, up by around INR 500/t. The rise was mainly driven by…