Author: Sakshi Singh
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India: Sponge iron prices drop d-o-d – 8 May
Prices fall by INR 50-400/t across regions Transaction volumes show modest d-o-d rise Indian sponge iron prices declined by INR 50-400/tonne (t) today across major locations but rose in Chennai and Raigarh by INR 50-200/tonne (t). The downward trend in sponge iron prices persisted as buyers remained cautious in an uncertain market. PDRI market prices…