Author: Sakshi Singh
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India: Sponge iron prices drop on limited buying – 31 Jul
Indian sponge iron prices dropped by INR 100-400/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. PDRI market prices closed at a range of INR 24,300-27,200/t and CDRI prices at INR 26,500-30,500/t. South African RB2 prices…