Author: Romil Sethi
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Sponge iron prices in India rise further but buyers stay away – 18 Feb
Sponge iron prices in India continued to rise further today. They were up by INR 50-600/tonne (t) in key locations as suppliers quoted higher. However, prices in Bellary witnessed a slight drop of INR 50/t. Producers were forced to raise their offers in some markets today due to strong purchase inquiries and rising prices in…