Author: Prashasti Giri
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India: Sponge iron prices decrease by INR 100-200/t d-o-d amid muted buying – 3 Feb
Buyers turn wary on uncertain semis demand Suppliers reduce offers to encourage buying India’s sponge iron prices dropped by INR 100-200/tonne (t) d-o-d across key regions today, as muted buying interest kept market activity subdued. The lack of buying interest led sponge iron suppliers to reduce their offers d-o-d. Notably, buyers were cautious due to…