Author: Sakshi Singh
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India: Sponge iron prices show mixed trend as market remains weak – 18 Oct
Sponge iron prices in India decreased today by INR 50-200/tonne (t) across regions due to weakened market sentiment. However, prices in the Raipur and Ramgarh regions edged up by INR 50-100/t. Buying demand remained modest on Friday, impacted by sluggish movement in the semi-finished and finished steel segments, leading to further reductions in offers. The…