Author: Sakshi Singh
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India: Sponge iron prices show mixed trends – 19 Dec
The Indian sponge iron market showed mixed trends today, with prices increasing in Ramgarh and Bellary by INR 50-400/t but dropping by INR 100-200/t in other locations. Purchase activity was low because buyers were apprehensive due to past bookings and the market’s future stability, anticipating a decline in prices. PDRI prices were assessed at INR…