Author: Romil Sethi
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India: Sponge iron prices rise on active spot trading – 5 Jan
Due to firm buying interest, which resulted in improved trading activity throughout the day and led to a slight rise in demand for semi-finished steel products, daily sponge iron domestic prices increased by INR 150–300/t in major locations. In addition, suppliers were pushed to maintain offers on the higher side following a significant increase in…