Category: Sponge Iron
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India: Sponge iron prices rise on positive steel market cues – 16 Dec
Finished steel prices rise by INR 100-500/t Positive sentiment lifts DRI offers by INR 100-250/t Sponge iron prices across markets strengthened by INR 100-250/t d-o-d due to improved sentiment across the value chain and firmer producer offers. However, prices declined in Chennai (PDRI) and Rourkela (CDRI), by INR 200/t in both regions, due to regional…