Author: Shikha Patle
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India: Sponge iron gains on higher offers, demand still need-based
Sponge iron prices rise on firmer offers Trade volumes decline amid cautious buying India’s sponge iron prices increased by INR 100-300/t d-o-d across major regions on 10 June, supported by higher seller offers following improved procurement activity in the previous session. However, trading activity remained limited today, as most buyers had already covered immediate requirements…