Author: Sakshi Singh
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India: Sponge iron prices drop on weak spot demand – 16 Jul
Downtrend in semi-finished, finished steel Market sees 9,650 t of sponge iron transactions Indian sponge iron prices dropped by INR 50-300/t in almost all major locations today. However, sponge PDRI and CDRI prices in Ramgarh rose slightly by INR 50/t and 100/t, respectively. Sponge iron prices declined due to a downtrend in the semi-finished and…