Author: Romil Sethi
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India: Sponge iron prices drop on weak spot demand – 8 Jul
South African RB2 prices remain stable Market witnesses limited trading activity Indian sponge iron prices dropped by INR 50-650/t today in all major locations. Sponge iron prices fell due to the downtrend in semi-finished and finished long steel which led to weak demand throughout the day. PDRI market prices closed at a range of INR…