Author: Rounak Gairarey
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Eastern India: Sponge Iron Offers Drop Sharply on Improved Supply
Sponge iron prices in eastern India – Durgapur have dropped sharply by INR 1,000-1,200/MT (USD 14-17) W-o-W. However in the same duration it plunged about INR 200-600/MT in remaining parts of the country. SteelMint learned that, improved supply amid weak demand in domestic & exports led to significant drop in price range in eastern region.…