Author: Sakshi Singh
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India: Sponge iron prices drop d-o-d – 1 Aug
Indian sponge iron prices edged down by INR 50-250/tonne (t) today in major locations. Sponge iron prices showed downward movement as participants remained muted in a volatile market. PDRI market prices closed at a range of INR 23,800-26,500/t while CDRI prices closed at INR 26,000-30,000/t. South African RB2 prices remained stable today. On the other…