Author: Prashasti Giri

Lower sponge iron prices trigger need-based purchases Weak steel demand, market uncertainty dampen demand India’s sponge iron export market remained under pressure during the assessment week ended 12 June 2026, mirroring the continued weakness in the domestic market. As per BigMint’s weekly assessment, export offers to Nepal declined by $6/t w-o-w to $306/t CPT Raxaul,…