Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d on limited buying activity – 6 Mar
Buyers exercise caution amid market volatility Volume traded remains average but rises d-o-d Indian sponge iron prices declined by INR 50-300/tonne (t) across major locations today. Buyers adopted a wait-and-watch approach due to an unstable market, which led to subdued procurement and, consequently, a drop in sponge iron prices. PDRI prices closed at INR 24,100-27,000/t,…