Author: Sakshi Singh
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India: Sponge iron prices show downtrend as market remains weak – 18 Nov
Subdued demand triggers offer reductions Raigarh, Rourkela buck trend, see slight rise Sponge iron prices in India today decreased by INR 50-200/tonne (t) across regions due to subdued market sentiments. However, prices in the Raigarh and Rourkela markets edged up by INR 50/t. Due to weakness in the semi-finished and finished steel segments, demand was…