Category: Sponge Iron
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India: Sponge iron trade activity picks up across regions on easing prices
Softer prices support buying activity Moderate pickup in trade activity observed Domestic sponge iron prices declined by INR 50-600/t d-o-d across regions on 15 April, extending the ongoing correction in the market. The easing of prices supported a pickup in buying activity, with participation improving to a moderate level compared to the subdued trend witnessed…