Author: Romil Sethi
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India: Sponge iron prices drop, trade remains moderate – 1 Feb
Sponge iron prices in key locations of India fell by INR 50-550/tonne (t) on 1 February, 2024. PDRI market prices closed at a range of INR 25,200-27,300/t and CDRI prices at INR 26,450-31,300/t. Demand was seen at lower prices from the eastern belt, resulting in a slight increase in trading activity, especially in the Rourkela…