Author: Romil Sethi
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India: Sponge iron prices drop on weak spot demand – 4 Jun
Market witnesses limited transactions South African RB2 prices remain stable Indian sponge iron prices dropped by INR 100-600/t today in all major locations. Sponge iron prices fell due to the downtrend in the semi-finished and finished long steel segments which led to weak demand throughout the day. PDRI market prices closed at a range of…