Author: Romil Sethi
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SteelMint: India’s sponge iron prices edge lower by INR 100-350/t d-o-d amid uncertainty
Sponge iron prices dropped by INR 100-350/t d-o-d on 6 January, 2023 across key markets in India amid uncertain future trends and limited trading as buyers were engaged in need-based procurement to meet immediate requirements. Spot buying interest was also weak. Recent price fluctuations have made it difficult for buyers to plan ahead and make…