Author: Sakshi Singh
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India: Sponge iron prices drop on limited buying – 22 Aug’24
Indian sponge iron prices dropped by INR 50-350/tonne (t) today across all major locations. This decline followed lower pricing for semi-finished and finished steel due to weak market demand. PDRI market prices were reported in the range of INR 23,700-26,700/t, while CDRI prices were between INR 26,000-30,000/t. South African RB2 prices remained stable, with non-coking…