Author: Sakshi Singh

Sponge iron prices in India dropped by INR 100-550/tonne (t) across various regions today, driven by weakened market sentiment. With slow activity in the semi-finished and finished steel segments, buying demand remained low on Wednesday, leading to further reductions in offer prices. South African RB2 prices remained stable, with non-coking RB2 (5500 NAR) priced at…