Author: Sakshi Singh
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India: Sponge iron prices rise amid moderate trading- 8 Nov’24
Price rises amid moderate trades Buyers waited for price to stablise Sponge iron prices in India rose by INR 200-700/tonne (t) across markets today. PDRI prices closed at INR 25,600-27,500/t, while CDRI was at INR 27,800-32,200/t. Sponge prices saw an uptick today due to rising steel prices. However, the sudden increase in offers made buyers…