Author: Sakshi Singh
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India: Sponge iron prices drop on limited buying – 28 Aug
Indian sponge iron prices dropped by INR 50-400/t today in all major locations. Sponge iron prices declined due to decrease in prices of semi-finished and finished steel owing to the limited demand in the market today. PDRI market prices closed at a range of INR 23,500-26,500/t and CDRI prices at INR 26,000-29,800/t. South African RB2…