Author: Kameshwar Rao

 Sponge iron trading volumes decline w-o-w  Margins under pressure across long steel value chain Sponge iron & melting scrap  South India’s sponge iron market remained largely stable during the week ended 10 July, with Bellary sponge iron prices holding at INR 25,000/t ex-works despite maintenance shutdowns and partial capacity utilisation at several large-scale kilns. Stable…