Tag: Sponge trade
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Indian Sponge Market Firm, Except South
Sponge iron prices today have remained almost stable in domestic market, expect in south India. Manufacturers in south India, especially in Hyderabad have reduced their offers by INR 300/MT for 80 FeM C-DRI. Minor impact of increase in NMDC price is seen in sponge prices in Raipur. Shutdown of furnaces in central India, Raigarh continues…