Author: Bhupesh Agrawal
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India: Sponge iron prices slip across regions on weak sentiment
Weak demand, cautious buying pressure sponge iron prices Manufacturers resist deeper price cuts amid cost pressure The domestic sponge iron market remained under pressure on 23 June 2026, with prices declining by around INR 50-100/t d-o-d across most regions amid subdued demand and weak market sentiment. Buyers continued to remain cautious, resulting in limited trading…