Author: Bhupesh Agrawal
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India: Sponge iron prices rise d-o-d amid bullish steel market – 20 Nov
Higher lumps bids at OMC’s auction lift sentiment Inquiries improve, trading volume doubles d-o-d Sponge iron prices across major Indian markets rose by INR 100-300/t d-o-d on 20 November, supported by improved steel market sentiment and firmer producer offers. Chennai registered the highest increase of INR 300/t amid slightly better buying interest and a more…