Author: Rounak Gairarey
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India: Domestic Sponge Iron Offers Correct Amid Slow Down in Inquiries
Sponge iron prices in Indian domestic market slightly fell by INR 200-500/MT (USD 3-7) in last couple of days over persistent limited inquiries. Industry experts believed that, prices less likely to find support as selling pressure is increasing with the producers amid seasonal better production output. In addition expected fall in raw material offers, has…