Author: Sakshi Singh
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India: Sponge iron prices fall on limited buying activity – 15 Oct
Indian sponge iron prices declined by INR 50-250/tonne (t) across major locations today. However, prices in Ramgarh rose by INR 100/t. Buyers remained cautious in an uncertain market environment, which led to the drop in sponge iron prices. PDRI prices closed within the range of INR 26,500-28,000/t, while CDRI prices settled at INR 28,300-33,900/t. Due…