Author: Shikha Patle
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India – Sponge iron trading activity picks up following price correction
Price correction lifts enquiries and boosts volumes Central demand improves; outlook remains range-bound Indian sponge iron prices declined by INR 100-300/t across key regions on 20 February. Buying activity remained moderate during the day, with enquiries picking up in the second half of the session, leading to improved market participation and better trade volumes. Demand…