Author: Romil Sethi
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India: Sponge iron market weakens on declining steel prices – 1 Jul
Market sees limited spot transactions Sponge iron prices in almost all key domestic markets dropped in the range of INR 150-650/tonne (t) due to falling steel prices. However, sponge CDRI prices only in Mandi Gobindgarh edged up by INR 200/t. PDRI market prices closed at a range of INR 24,900-27,100/t and CDRI prices, at INR…