Category: Sponge Iron
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India: Sponge iron prices fall amid weak festival-day demand
Trade momentum slows amid weak festive-day participation Buying participation remained weak and limited today Sponge iron prices witnessed a correction of around INR 50-400/t across regions today, amid weak enquiry and limited buying participation, largely due to the Janmashtami festival. In Raipur, BigMint’s PDRI prices settled at INR 29,000/t, marginally down by INR 50/t, reflecting…