Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d on moderate buying – 25 Feb
Buyers stay quiet post yesterday’s heavy buying Bids decline as buying interest weakens Indian sponge iron prices declined by INR 50-200/tonne (t) d-o-d across major locations today. PDRI prices closed at INR 23,600-26,650/t, while CDRI settled at INR 26,000-30,600/t. The market saw a decline today as buyers remained quiet following yesterday’s heavy buying. In the…