Author: Shikha Patle
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India: Sponge iron prices firm up; weak steel demand caps market activity
Sellers lift offers amid improved procurement yesterday Trade volumes decline d-o-d amid cautious market sentiment Indian sponge iron prices moved up by INR 100-200/t d-o-d across major regions on 3 June, supported by higher seller offers following improved procurement activity in the previous session. In the key Raipur market, prices increased by INR 200/t to…