Author: Sakshi Singh
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India: Sponge iron prices drop amid moderate trade- 18 Jun
Buyer start procuring as prices bottom out Transactions volumes rise by 3,000 t d-o-d Indian sponge iron prices declined by INR 50-200/tonne (t) d-o-d across major markets on 18 June 2025. Today, prices declined despite low-to-moderate transaction volumes, as buyers procured material only after prices had bottomed out. However, improvement in buying activity failed to…