Author: Lipsita Nayak

India’s sponge iron prices declined by INR 50-300/t d-o-d across major regions amid subdued demand conditions and weaker market sentiment. In the benchmark Raipur market, prices fell by INR 150/t to INR 25,100/t ex-works. BigMint recorded sponge iron trade volumes of around 6,100 t, down sharply from approximately 9,800 t. BigMint’s billet index declined by…