Author: Manish Vasdev
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Central India: Sponge iron trades slow down at increased offers
Sponge iron trades in Raipur slowed down today on account of continuous hike in prices along with sufficient orders, the major producers have reported to SteelMint. Also, it is learned that, due to limited margins, few hot charging plants have offered sponge in the spot market rather than keeping stock for their own billets or…