Author: Sakshi Singh
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India: Sponge iron prices rise d-o-d on active bookings – 3 Oct
Sponge iron prices in India increased by INR 150-600/tonne (t) across various markets today. The price rise is primarily attributed to limited material availability and rising steel prices, which have supported higher offers. PDRI market prices closed within the range of INR 27,300-28,650/t, while CDRI prices ranged from INR 28,500-32,500/t. Spot purchases were noted across…