Author: Sakshi Singh
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India: Sponge iron prices rise amid moderate trading – 9 Apr
Sponge iron prices in India rose by INR 100-700/tonne (t) across markets today. PDRI prices were assessed at INR 25,000-27,700/t, while CDRI prices were INR 27,450-32,300/t. On Wednesday, sponge prices increased. However, consumers chose to make need-based purchases as a result of the ongoing increases in costs and bookings. Today, only an average volume of…