Tag: Sponge Prices
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Indian Sponge Prices Remain under Pressure, but Billet Demand Improves
In current state of affairs, it seems that sponge manufacturers in domestic market are still under pressure. While, billet offers have improved sharply during the same duration. In a week, billet prices rose steeply by INR 500-900/MT, but there is mere increase of INR 100-300/MT in sponge prices. A sponge manufacturer (500 TPD) in Durgapur…