Author: Romil Sethi
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India: Sponge iron prices drop on weak spot demand – 19 Apr
Sponge iron prices fall by INR 100-350/t d-o-d Limited spot transactions reported today Indian sponge iron prices dropped today by INR 100-350/t in 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 prices closed at a range…