Author: Shikha Patle
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India: Sponge iron prices decline; trade volumes recover slightly
Market activity improves, but aggressive buying absent Trade volumes recover, but demand remains weak across regions India’s sponge iron prices declined by INR 100-400/t across regions on 20th May 2026 amid subdued market sentiment and weak buying interest. In the key Raipur market, prices fell by INR 200/t to INR 25,000/t ex-works. Buying activity improved…