Author: Romil Sethi
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India: Sponge iron prices show mixed trend amid moderate trade – 2 Mar
Sponge iron prices in India witnessed mixed trends today, falling by INR 50-200/t in some key locations, whereas prices in Ramgarh and Raigarh showed a marginal increase of INR 50-200/t. Spot trading remained moderate throughout the day across regions. Market participants are cautious about price movements and hence are trying to avoid bulk bookings. About…