Author: Romil Sethi
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India: Sponge iron prices fluctuate amid volatile steel prices – 14 Mar
Sponge iron prices in India witnessed mixed trends today, falling by INR 50-200/t in some key locations. On the other hand, prices in Rourkela and Raipur increased marginally by INR 50-100/t. Low demand for sponge iron was seen and spot trade volumes decreased by 27% d-o-d, which had a negative impact on the market as…