Author: Sakshi Singh
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India: Sponge iron prices rise amid moderate buying – 13 Feb
Sponge iron prices in India rose INR 100-400/tonne (t) across markets today. PDRI prices closed at INR 23,800-26,800/t and CDRI at INR 26,000-30,500/t. Prices for sponge iron increased on Thursday. As offer prices moved up, market participants were seen making need-based purchases. Transactions for about 9,150 t of sponge iron were recorded in the country…