Category: Sponge Iron
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India: Sponge iron market gains momentum amid cautious buying at higher price levels
Finished steel prices rise by INR 200-1,300/t despite limited demand Buyers remain cautious amid higher prices, engage in selective buying Domestic sponge iron prices rose by around INR 300-100/t across regions following strong buying activity yesterday, which boosted market confidence and encouraged sellers to raise their offers. In Raipur, PDRI prices settled at around INR…