Author: Shikha Patle
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India: Sponge iron prices remain firm on tight supply, higher input costs
Prices edge up by INR 100-600/t across markets Moderate demand amid cautious buying sentiment Sponge iron prices moved up by INR 100-600/t across regions on 9 February. Buying interest remained moderate during the day, supported by tight availability of PDRI in select markets, which continued to push prices higher. However, acceptance of elevated price levels…