Category: Sponge Iron
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India: Sponge iron prices rise in many regional markets, buyers remain cautious
Finished steel trades remain slow on cautious demand Trade volumes soften on weak enquiries amid higher prices The domestic sponge iron market witnessed an upward movement today, with prices rising by around INR 50-600/t across major regions. The increase was mainly around INR 600/t in the Hyderabad market, supported by overbooking in the previous trading…