Tag: producer margins
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India: Sponge iron prices show mixed trends even as cautious buying limits trade activity
No aggressive bidding amid adequate inventories Elevated input costs provide a floor to prices Domestic sponge iron prices showed mixed movements today, with prices declining by around INR 50-200/t in Mandi and Durgapur, while Raigarh and Rourkela witnessed gains of around INR 200-300/t. Prices across other major regional markets remained largely stable amid balanced availability…