Author: Romil Sethi
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India: Sponge iron prices show mixed trends despite rising steel prices – 4 Mar
Prices of sponge iron in India fluctuated today. In some key locations, they were up by INR 50-100/tonne (t) as suppliers quoted higher offers. However, prices in Rourkela, Raigarh, and Bellary fell by INR 50/t. Due to rising prices in the Punjab market, producers were forced to raise their offers in some markets. However, only…