Author: Romil Sethi
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India: Sponge iron prices up marginally in August even as trade volumes drop
Sponge iron prices across key markets remained volatile in August. However, the monthly average prices went up marginally compared to July, as per SteelMint assessment. The market was sluggish as buying interest remained slightly on the lower side amid dull steel demand due to the monsoon season. However, supply was limited with mills lowering their…