Author: Lipsita Nayak
-

India: Sponge iron prices rise d-o-d even as buyers make need-based purchases
Higher pellet prices, tight central region supply support prices Trade slows with buyers having covered immediate needs yesterday Indian sponge iron prices across key regions increased by INR 100-600/t d-o-d, supported by need-based demand and firm seller sentiment. Moderate trading activity took place today, with the strong momentum seen yesterday fading. While buying activity slowed…