Author: Bhupesh Agrawal

Muted demand weighs on sponge iron prices across key markets in India: 28 Nov

Nov 28, 2025

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by

Bhupesh Agrawal

in Sponge Iron

Sponge iron demand remains subdued Buyers cautious amid price correction Sponge iron prices across India fell by INR 100-350/tonne (t) d-o-d on 28 November 2025 as weak market sentiment persisted amid subdued finished steel demand. This drop in demand limited sponge iron procurement, with buyers showing little urgency to replenish inventories. Most buyers continued to…