Tag: JSW Sponge
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India: Falling Iron Ore Prices pressurize Sponge Market
Indian Sponge iron market remains unaltered this week. However, pressure continues to mount as Iron ore supply is likely to increase in the market in coming weeks. After two major Iron ore mines namely Rungta & Serajuddin received permission to ramp up their production by about 15-16 MnT, Iron ore prices have declined by INR…