Author: Lalita
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India: Sponge iron prices continue to edge lower in September even though trade volumes rise
Sponge iron prices in the domestic market continued the declining trend in September, falling by as much as 7% m-o-m, as per SteelMint data. Domestic sponge iron prices were weighed down by the marginal correction in raw material (pellet) prices in late-September. On the other hand, as per SteelMint data, the monthly average pellet price…