Author: Sakshi Singh
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India: Sponge iron prices show mixed trends – 18 Feb
Buyers wary, unwilling to procure material Despite slow trades, market remains stable Indian sponge iron prices showed mixed trends today, with tags rising by INR 100-350/tonne (t) d-o-d in certain markets but declining by INR 100-150/t in other regions. The drop in sponge iron prices was driven by slow demand. Buyers were unwilling to procure…