Category: Sponge Iron
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India: Sponge iron prices increase further amid moderate demand – 4 August
Spot offers rise on positive sentiments Demand at higher offers moderate d-o-d India’s sponge iron market witnessed a positive movement in prices today, primarily supported by firm raw material prices, particularly of coal and iron ore. Spot offers increased by INR 100-500/t across key regions, with Rourkela (CDRI) leading the charge, rising by INR 500/t…