Author: Shikha Patle
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India: Cautious buying sentiment keeps sponge iron market subdued
Mixed price trend prevails, buyers remain cautious Dull demand weighs on volumes and sentiment Indian sponge iron prices showed a mixed trend on 23 February. Prices declined by INR 100-300/t in the central and eastern regions, while the southern market registered an increase of around INR 100-200/t. Buying activity remained low-to-moderate, with limited enquiries observed…