Category: Sponge Iron
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India: Sponge iron prices rise despite limited trades
Upcoming festive holiday dampens overall trade momentum and participation Rising finished steel prices lead sponge iron prices upward Domestic sponge iron prices rose by INR 50-300/t D-o-D across regions, driven mainly by positive sentiment in the finished steel market, which pushed overall sentiment upward. Raipur PDRI prices settled at around INR 29,450/t, down by 50/t…