Author: Sakshi Singh
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India: Sponge iron prices rise again on active buying – 30 Sep’24
Sponge iron prices in India continued their upward trend, increasing by INR 300-1,100/tonne (t) across markets today. The uptrend in sponge iron prices was primarily due to active trades, driven by the positive outlook in the steel segment. PDRI closed at INR 26,800-27,700/t, while CDRI prices were in the range of INR 28,250-31,700/t. Additionally, raw…