Author: Manish Vasdev
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Central India: Sponge iron prices remain range-bound, buyers skeptical
Sponge iron trades in Raipur remained slow with about 1,000 t P-DRI deals concluded in Raipur at INR 25,300-400/t on exw & FoR basis. Trade sources reported that buyers have turned skeptical & held back major bookings. It was majorly due to hearsay of postponement of hearing related to liquidation of Odisha iron ore stocks.…