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India: Raipur Sponge Iron Prices Hit 3-Yrs High
Sponge iron prices in Raipur rise further to hit 3 years high owing to recent hike in iron ore prices by some major miners. SteelMint’s price assessment for pellet based sponge iron (P-DRI) is recorded at INR INR 18,500-18,700/MT (USD 285-288). Sponge made from NMDC’s high grade iron ore lumps (DR-CLO) are hovering at INR…