Author: Manish Vasdev
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India: Sponge iron prices stable in Raipur tracking hike in billets
Sponge P-DRI (FeM 80%) prices were stable in Raipur today at INR 30,200/t exw. Prices stayed firm following a slight hike in billet prices by INR 100/t amidst limited buying-selling in the spot market as major suppliers were booked with orders for the last two-three days. Hence, sales were kept on hold today. However, there…