Author: Sakshi Singh
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India: Sponge iron prices decline d-o-d on cautious buying – 6 Jun
Sponge iron prices in India witnessed a steady decline today, dropping by INR 100-500/tonne (t) across locations amid selling pressure and weakening market sentiments. Due to dull demand for semi-finished and finished steel, purchasers remained cautious, which resulted in modest buying activity despite this large price reduction. . PDRI prices were assessed at around INR…