Author: Sakshi Singh
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India: Sponge iron prices decline on negative steel market sentiment – 22 Apr
Sponge iron prices fall by INR 100-850/t Limited buying activity witnessed across markets Sponge iron prices in India witnessed a significant decline today, with prices dropping between INR 100-850/t. This sharp fall can be attributed to persistent negative sentiment across both the semi-finished and finished steel sectors. Additionally, the impact of largescale bookings made over…