Author: Romil Sethi
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India: Sponge iron prices continue to rise on increasing steel prices – 2 Apr
South African RB2 prices remain stable today Spot purchase enquiries active throughout the day Sponge iron prices in India rose by INR 200-700/t across key locations today. Prices continued to rise on increasing steel prices followed by improved demand. PDRI market prices closed at a range of INR 26,250-27,750/t and CDRI prices, at INR 27,300-32,000/t.…