Category: Semi Finished
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India: Sponge iron prices rise by INR 100-200/t d-o-d but demand slows
Adequate bookings last week prompt sellers to test higher offers Absence of bulk buying weighs on trade volumes The Indian sponge iron market witnessed a sluggish trading session today, though prices in key regions rose marginally by INR 100-200/t d-o-d. The increase in offer prices was primarily driven by adequate bookings reported last week, prompting…