Author: Sakshi Singh
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India: Sponge iron prices rise d-o-d; trade volumes drop – 18 Dec
Rising steel tags support higher sponge iron offers Significant bookings recorded, despite d-o-d drop Sponge iron prices in India increased by INR 100-300/tonne (t) d-o-d across markets today. Sponge iron tags climbed up amid rising steel prices, which generally tend to support higher offers. However, bookings declined at elevated offers. PDRI prices closed within the…