Author: Bhupesh Agrawal

Weak finished steel demand weighs on sponge iron market Buyers slow down purchases after securing ample volumes earlier Indian sponge iron prices corrected by INR 50-200/t d-o-d on 29 July 2026, amid limited buying interest and subdued spot enquiries across most regions. BigMint’s PDRI Raipur assessment declined by INR 150/t from the previous day to…