Author: Shikha Patle
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India: Sponge Iron prices slide further as cautious buying keeps market activity subdued
Price correction deepens, but enquiries pick up Demand and volumes stay steady yet cautious India’s sponge iron prices declined by INR 100-500/t across regions on 25 March, with Raigarh recording the sharpest correction of around INR 500/t. Buying activity remained low to moderate during the day, with only limited transactions taking place. However, some improvement…