Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d – 30 Oct
Indian sponge iron prices declined by INR 100-500/tonne (t) across key locations today. PDRI prices were assessed at INR 24,500-26,800/t, while CDRI settled at INR 27,000-32,000/t. Buyer caution persisted in a subdued market, which led to a drop in sponge iron prices. Purchasers were cautious and they shied away from definite commitments which resulted in…