Tag: Indian Sponge Iron
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Indian Sponge Prices Decline by INR 600/MT
In the ongoing week, sponge iron market has witnessed price correction of INR 100-600/MT across major markets. Increased production of sponge and low input cost of iron ore and coal are pressurizing sponge iron prices. Trade sources anticipate further fall in prices due to continuous fall in Odisha iron ore offers. In a month, miners…