Author: Sakshi Singh
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India: Sponge iron prices rise on moderate trading – 10 Feb
Higher offers lead to need-based buying Average transaction volume seen today Sponge iron prices in India rose by INR 100-650/tonne (t) d-o-d across markets today, with moderate trading observed. PDRI prices closed at INR 23,850-26,700/t, while CDRI was at INR 26,200-30,600/t. Due to the price increase, market players engaged in need-based procurement today. As a…