Author: Sakshi Singh
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India: Sponge iron prices drift higher tracking steel market uptrend – 29 Jul
Sponge iron prices in India increased by INR 100-500/tonne (t) today across market owing to the rise in semi-finished and finished steel prices. However, in Raipur prices inched down by INR 50/t. Trading activity today remained low-to-moderate as buyers waited for stability in prices. PDRI prices were assessed at INR 24,300-27,000/t, while CDRI stood at…