Category: Semi Finished
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India: Moderate trade sentiment, cautious buying weigh on sponge iron prices
Trades improve, prices ease marginally amid cautious buying Pellet prices rise but weak steel demand keeps sponge under pressure The domestic sponge iron market witnessed moderate trading activity today, improving from the subdued session recorded yesterday. Prices across key regions declined marginally by INR 50-300/t d-o-d, as buyers remained cautious despite improved market participation. Trading…