Author: Romil Sethi
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India: Sponge iron market remains upbeat on rising steel prices – 27 Jun
Buying slows down on higher offers South African RB2 prices remain stable Sponge iron prices in India increased due to an uptrend in the semi-finished steel. Sponge iron prices rose by INR 300-700/t d-o-d on Thursday in major regions. However, spot trade volumes were moderate as buyers were resisting to book material at such high…