Tag: Pellet
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Indian Sponge Prices under Pressure on Cheaper Imported Scrap
Indian Sponge prices are under pressure on the backdrop of consistently falling imported Scrap offers, which have corrected by another USD 5-7/MT this week. Sponge manufacturers mentioned that despite scarcity of Iron ore, Pellets and coal, they are bounded to correct offers amid increasing interest for imported Scrap. “Rising Iron ore and Pellet prices have…