Author: Shikha Patle
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India: Sponge iron prices show mixed trends amid weak buying
Trade volumes drop sharply as buyers stay on side-lines Finished, semi-finished steel markets see muted demand Sponge iron prices witnessed a mixed trend on 5th February, with stability in the central region, a marginal decline of around INR 100/t in the eastern markets, while the southern region recorded an uptick of INR 200-300/t. Market sentiment…