Author: Rounak Gairarey

Sponge iron export offers from eastern India remain unmoved over strong Rupee against US dollar although domestic sponge prices witnessed a slump. The Indian rupee further gained and was trading at 70.5 as against last week at 71.9 against a US dollar. Meanwhile in this duration domestic sponge prices fell by INR 300-600/MT (USD 4-9).…