Author: Bhupesh Agrawal
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India: Weak demand pulls sponge iron prices down by INR 50-200/t
Trade activity remained dull amid weak buying interest Buyers made enquiries only at lower price levels The sponge iron market remained under pressure on 30 July 2026, with prices declining by INR 50-200/t across several markets. Raipur PDRI prices were assessed at around INR 25,300/t, declining slightly by INR 50/t due to firm seller offers.…