Author: Sakshi Singh
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India: Sponge iron prices rise on moderate trading – 5 Dec
Sponge iron prices in India rose by INR 200-500/tonne (t) d-o-d across markets today, with moderate trading observed. PDRI prices closed at INR 23,500-26,500/t, while CDRI was at INR 26,300-30,700/t. Due to the price increase, market players today engaged in need-based procurement. As a result, an average volume of transactions was noted during the day.…