Tag: P DRI
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Indian Sponge Iron Prices Stable on Tight Supply
Irregular supply of Iron ore and Coal have maintained Sponge iron prices in the country. Sponge manufacturers are reluctant to reduce offers despite falling conversion gap between Sponge & Billet. “Iron ore supply has fallen in the domestic market amid mining restrictions in Odisha. Also, 50:50 rule in Odisha is hampering supplies to steel industry…