Author: Shikha Patle
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India: Sponge iron prices remain stable; trade remains selective
Select eastern markets record slight drops of INR 50-200/t Need-based buying continues amid moderate enquiries Indian sponge iron prices remained largely stable d-o-d across regions on 16 June, with only marginal corrections of INR 50-200/t reported in select eastern markets. In the benchmark Raipur market, prices edged up by INR 50/t to INR 24,050/t ex-works.…