Author: Shikha Patle
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India: Sponge iron demand remains moderately low, prices fluctuate
Mixed price movement seen amid cautious sentiment Trade volumes drop, cost support remains stable Sponge iron prices witnessed a mixed trend on 30 January, with prices fluctuating in the range of INR 100–400/t across regions. Buying activity remained low-to-moderate, as limited enquiries were reported in the market during the day. Market participants indicated that substantial…