Author: Romil Sethi
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India: Sponge iron prices inch up, buying activity remains moderate – 5 Mar
Indian sponge iron prices witnessed a modest uptick today ranging from INR 50-300/t in key locations, with moderate buying activity reported. PDRI market prices closed at a range of INR 25,000-27,600/t and CDRI prices at INR 26,550-31,000/t. The market saw moderate activity as participants had sufficient orders placed over the past few days and hence…