Category: Sponge Iron
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India: Sponge iron prices fall up to INR 100-350/t d-o-d on weak buying interest
Weak finished steel demand weighs on market sentiment Limited buyer participation drags sponge iron prices lower Sponge iron prices declined by INR 100-350/t today, with the fall concentrated mainly in the eastern region. In Raipur, PDRI prices settled at around INR 29,150/t, down INR 150/t d-o-d, as limited enquiries and thin buyer participation kept the…