Author: Sakshi Singh
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India: Sponge iron prices fall d-o-d – 12 Mar
Decline attributed to slide in steel prices Transaction volumes fall on d-o-d basis Sponge iron prices in the country fell by INR 50-200/tonne (t) d-o-d today in major locations. Prices declined as market participants remained cautious amid a downward trend seen in the steel market. PDRI prices were assessed at INR 23,900-27,000/t, while CDRI rates…