Author: Shikha Patle
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India: Sponge iron prices edge down despite pickup in buying activity
Prices ease, demand shows signs of recovery Trade volume increases, prices may be rangebound Indian sponge iron prices declined by INR 50-200/t across key regions on 13 February. Buying activity turned moderate during the day, with some enquiries emerging in the second half of the session after sluggish demand over the past few days. Market…