Author: Sakshi Singh
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India: Sponge iron prices rise on active bookings – 16 Jun
Tight sponge iron supply boosts tags Transaction volumes shoot up d-o-d Sponge iron prices in India rose by INR 50-200/tonne (t) across various markets today. The price increase is primarily due to active bookings amid limited material availability, which led to a supply-demand imbalance and boosted market sentiment. PDRI market prices closed within the range…