Author: Romil Sethi
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India: Sponge iron prices fall on limited buying interest – 24 May
Trade volumes drop d-o-d on dearth of demand Suppliers in various regions reduce offers Sponge iron prices fell by INR 50-300/tonne (t) in almost all key locations in India on 24 May, 2024. However, sponge CDRI prices in Ramgarh edged up by INR 50/t. PDRI prices closed at a range of INR 27,600-28,900/t and CDRI…