Author: Rounak Gairarey
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Indian Sponge Iron Prices Surge on Recent Hike in Raw Material Offers
Sponge iron prices in Indian domestic market remained strong following hike in raw material (iron ore & pellet) prices & improved demand amidst high cost substitute products. As per SteelMint’s assessment, in a week’s time sponge iron prices have rallied by INR 500-1,000/MT, in which major hike was marked in central India, Raipur by INR…