Author: Shikha Patle

Sponge iron extends downward trend Trade volumes decline d-o-d Domestic sponge iron prices declined by INR 100-350/t d-o-d across major markets on continued demand weakness and subdued buying interest. In the key Raipur market, prices fell by INR 200/t to INR 23,900/t ex-works. Sellers reduced offers to stimulate enquiries and secure bookings; however, buyer participation…