Category: Semi Finished
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India: Sponge iron trades remain cautious as need-based buying limits market activity
South gains offset central and eastern declines in sponge iron market. Need-based buying keeps trades limited and below offer levels. The Indian sponge iron market witnessed a mixed price trend today. Prices in the central and eastern regions declined by INR 50-200/t d-o-d, while the southern market recorded an increase of INR 50-300/t, supported by…