Author: Bhupesh Agrawal
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India: Sponge iron prices witness uptrend led by eastern region
Finished steel prices strengthen, provide support to market Buying activity remains moderate, buyers show caution The domestic sponge iron market witnessed an upward movement today, with prices rising by around INR 50-500/t across major regions. Durgapur recorded a sharp increase of nearly INR 500/t, while BigMint’s Raipur PDRI prices settled at around INR 25,950/t exw…