Author: Bhupesh Agrawal
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India: Sponge iron prices fall by INR 100-300/t d-o-d amid limited bookings – 19 Nov
Buyers remain cautious amid steel market volatility Trading volume falls sharply from previous session Sponge iron prices across India continued their downward trend on 19 November, slipping by between INR 100-300/t day-on-day. Market sentiment remained weak as overall trading interest stayed limited and demand remained subdued. Buyers largely adopted a wait-and-watch approach, anticipating further price…