Author: Sakshi Singh
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India: Sponge iron prices rise on moderate buying – 30 Dec
Transaction volume increases to about 11,900 t today Need-based buying seen following continuous price rise Sponge iron prices in India rose INR 100-400/tonne (t) across markets today. PDRI prices closed at INR 23,600-26,300/t, while CDRI was at INR 26,300-31,000/t. Sponge prices saw an uptick on Monday. However, following a continuous rise in prices and bookings,…