Author: Sakshi Singh
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India: Sponge iron prices rise d-o-d despite moderate bookings – 2 Jun
Sponge prices rise by up to INR 400/t Transaction volumes rise by INR 3,000 t Despite moderate bookings, India’s sponge iron market witnessed price hikes today in the range of INR 100-400/tonne (t) across key locations, largely due to rising steel prices. However, PDRI prices in the Hyderabad region dropped by INR 100/t. PDRI prices…