Category: Sponge Iron
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India: Sponge iron prices rise on higher offers; trade activity remains subdued
Prices rise by INR 50-400/t d-o-d across regions Trade volumes decline d-o-d amid cautious market sentiment India’s sponge iron prices rose by INR 50-400/t d-o-d across regions on 15 May, supported by higher seller offers following improved procurement activity in the previous session. However, trading activity remained limited today, as most buyers had already covered…