Author: Sakshi Singh
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India: Sponge iron prices drop d-o-d amid modest buying – 29 May
Semis, finished tags fall on weak demand Transaction volumes edge down d-o-d Indian sponge iron prices dropped INR 100-300/t d-o-d today in all major locations amid modest buying. Sponge iron prices fell, as semi-finished and finished steel prices weakened due to soft end-user demand. PDRI prices were assessed at INR 23,350-25,700/t and CDRI tags at…