Author: Rounak Gairarey
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India: Karnataka Sponge Iron Offers Rise by INR 700-900/MT (USD 10-13)
In southern region of India, Bellary (Karnataka) sponge prices have inclined upto INR 900/MT (USD 13) in a week’s time. Participants reported falling inventories amid less availability of raw materials which resulted in price hike in the market. According to producers in the state, presently inquiries for sponge iron remains in the same level while…