Author: Manish Vasdev
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India: Raipur sponge iron prices fall by INR 500/t
Lower bids and poor buying interest coupled with desperate sale by a few plants resulted in a sharp fall in Raipur P-DRI prices by INR 500/t to INR 32,200/t exw today. About 2,000 t of P-DRI deals were reported at INR 32,000-32,100/t exw, while a few sellers were seeking buyers at around INR 32,300/t against…