Author: Sakshi Singh
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India: Sponge iron prices drop by INR 300-800/t on weak market sentiments – 22 Oct
Sponge iron prices in India decreased by INR 300-800/tonne (t) d-o-d today across various regions due to weak market sentiments. Demand remained modest on Tuesday, impacted by sluggish movements in the semi-finished and finished steel segments, which led to further reductions in offers. South African RB2 prices remained stable at INR 9,500/t exw-Gangavaram. PDRI prices…