Author: Manish Vasdev
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Sponge Shortage in East Indian Market
Seasonal less production and increasing pellet export have led to shortage of sponge iron in Indian domestic market, especially in east region. As a result, offers have increased further by INR 200-600/MT W-o-W and INR 400-800/MT since starting of current month in Rourkela and Durgapur (east region). Rourkela and Durgapur based manufacturers, who sell sponge…