Author: Lalita
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Indian sponge iron prices fall significantly in Aug’21
Sponge iron (P-DRI and C-DRI) prices across major markets in India saw a noticeable drop in Aug’21. This was mainly due to decreasing raw material (iron ore and pellets) and semi-finished steel prices in India and weak demand for sponge iron, SteelMint understands. In Aug’21, SteelMint recorded total trades of 77,500t P-DRI in Raipur market,…