Author: Shikha Patle
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Sponge Iron market under correction; Buying shows marginal Improvement
Prices correct in east & south; central region remains stable with better buying Demand cautious, but trade volumes improve; raw material costs stay supportive Sponge iron prices witnessed a correction of INR 100-200/t d-o-d across regions on 28 January, with the decline largely concentrated in the eastern and southern markets, while prices in the central…