Author: Sakshi Singh
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India: Sponge iron prices fall by INR 50-150/t d-o-d on weak market sentiment- 26 Dec
Sponge iron prices in India decreased today by INR 50-250/tonne (t) across regions due to weakened market sentiment. Buying demand remained modest on Thursday, impacted by sluggish movement in the semi-finished and finished steel segments, leading to further reductions in offers. PDRI prices closed within the range of INR 23,600-25,800/t, while CDRI prices were assessed…