Author: Prashasti Giri
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India: Sponge iron prices rise INR 100-400/t despite muted trades – 4 Dec
Buying interest remains subdued at higher offers Weak demand for finished steel keeps market wary India’s sponge iron offers increased by INR 100-400/tonne (t) d-o-d across various regions, driven by market volatility and prevailing trends in neighbouring markets. However, despite the upward price movement, buying interest at higher offers remained limited, as the finished steel…