Author: Sakshi Singh
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India: Sponge iron prices show mixed trends – 3 Apr
The Indian sponge iron market showed mixed trends, with prices decreasing in Durgapur by INR 50-100/t but dropping by INR 50-300/t in other locations. Buying activity remained subdued as buyers were hesitant due to previous bookings and the stability of the market, expecting it to fall further. PDRI prices were assessed at INR 25,300-27,800/t and…