Author: Rounak Gairarey
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South India: Sponge iron prices increase by up to INR 150/t
Sponge iron prices in Karnataka’s Bellary have moved up by INR 50-150/t on 7 Jul’21 on improving bids along with sufficient orders in hand with the suppliers. Meanwhile, most of plants are holding sale rather than selling sponge at lower rates. About 4,200 t of P-DRI deals were confirmed at INR 27,000-27,200/t against offers at…