Author: Romil Sethi
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India: Sponge iron prices show mixed trends amid moderate demand – 6 Feb
Sponge iron prices in India rose by INR 50-250/t in a few key locations today, while prices in Ramgarh witnessed a marginal drop of INR 50/t. Buying interest remained moderate throughout the day. However, spot trades rose significantly by 99% compared to Saturday because of the rebound in steel prices in the first half, which…