Author: Shikha Patle
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India: Sponge iron market gains momentum as trade activity surges
Robust demand drives market upswing Demand-side tightness supports price rally India’s sponge iron prices witnessed an upward movement, rising by INR 50-600/t across regions on 26 March, with Raigarh recording the steepest increase of around INR 600/t. The market experienced improved momentum during the day, supported by healthy buying activity and a noticeable rise in…