Author: Sakshi Singh
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India: Sponge iron prices rise amid mixed sentiments – 2 July
Buying spurred by need to avoid monsoon disruptions Sponge iron shortage witnessed in Raipur market Indian sponge iron prices rose by INR 50-500/tonne (t) d-o-d. PDRI prices were assessed at INR 21,600-26,200/t at close of trading, while CDRI tags stood at INR 23,900-28,800/t. Today, the sponge iron market witnessed a positive response as buyers actively…