Author: Rounak Gairarey
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Daily Update: Indian Sponge iron Prices Hit 1-Month Low on Demand Concern
Sponge iron prices in Indian domestic market dipped to 1 month low owing to improved supply, low demand and significant fall in steel prices by mid-sized mills. On day trade activities, Sponge iron & Billet prices drop by INR 100-500/MT, meanwhile in comparison with beginning of week it plunge close to INR 600-1,200/MT (USD 8-17)…