Author: Sakshi Singh
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India: Sponge iron prices drop on dull demand – 24 Jul
Indian sponge iron prices edged down by INR 100-300/t today in all major locations. Sponge iron prices fell due to downward sentiments in semi-finished and finished long steel which led to dull demand throughout the day. PDRI market prices closed at a range of INR 23,800-26,500/t and CDRI prices, at INR 26,000-30,000/t. South African RB2…