Author: Romil Sethi
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India: Sponge iron prices drop on limited demand – 1 Mar
Indian sponge iron prices edged down today by INR 100-200/t in major locations. However, sponge iron prices in the southern region showed a slight uptick of INR 100-150/t. PDRI prices closed at a range of INR 24,900-27,700/t and CDRI prices at INR 26,300-31,200/t. Limited trading activity was reported, as buyers had already placed enough orders…