Author: Sakshi Singh
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India: Sponge iron prices drop on weak spot demand – 6 Aug
Indian sponge iron prices dropped by INR 50-300/tonne (t) in almost all major locations today. Sponge iron prices declined due to a downtrend in the semi-finished and finished steel segments, resulting in low demand and limited trading throughout the day. However, trade volumes calculated for Raipur and Raigarh region has been improved. PDRI prices closed…