Author: Prashasti Giri
-

India: Sponge iron prices decline by INR 50-350/t d-o-d amid weak buying – 6 Jan
Slow finished demand pressures sponge tags Lower offers fail to perk up buying interest India’s sponge iron offers declined by INR 50-350/tonne (t) d-o-d across various locations, as weak market sentiments led to corrections in spot prices. In an attempt to attract buying interest, sellers reduced spot offers; however, inquiries and buying activity remained limited.…