Author: Rounak Gairarey
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Sponge iron prices in central India less likely to rise further
Enquiries for sponge iron have slowed in Raipur & Raigarh due to a sharp drop in output of downstream products in central India’s Raigarh over the past two days. There are about 40-45 ingot and billet manufacturing plants in Raigarh and half of these have reduced output. Buyers of sponge iron in central India are…