Author: Romil Sethi
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India: Sponge iron prices rise despite moderate spot buying activity – 3 Feb
Indian sponge iron prices rose considerably on 3 February, 2024. Prices in almost all key regions increased by INR 50-300/t. However, due to higher spot market offerings, buying activity and demand for sponge iron remained moderate. However, sponge iron prices only in Bellary dropped marginally by INR 50/t. PDRI market prices closed at a range…