Author: Romil Sethi
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India: Sponge iron prices rebound on active spot trading – 11 Jan
Sponge iron prices in India rose in the range of INR 100-750/t in key locations owing to active demand and higher offers quoted by the suppliers. Producers kept prices on the higher side as several deals took place today following the rise in billets prices by INR 400-550/t d-o-d. Against this positive backdrop, buyers have…