Author: Romil Sethi
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India: Sponge iron prices rebound on active spot trading – 27 Feb
Sponge iron prices in India rose by INR 50-200/t in key locations today. Buying interest among participants remained active throughout the day. Spot trades rose by a whooping 252% compared to Saturday as market participants quickly took positions. About 27,900 t of sponge iron transactions were recorded today in India as against 7,920 t on…