Author: Romil Sethi
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India: Sponge iron prices continued to decline despite rise in spot trading – 13 Feb
Sponge iron prices fell by INR 50-500/t in key locations of the country. Sponge iron prices have been fluctuating wildly, making it challenging for buyers to forecast prices. Buyers who were purchasing material on lower offers to meet their immediate needs have now adopted caution. The downward trend in sponge iron pricing has also been…