Author: Shikha Patle

  • India: Sponge iron prices dip as buying remains cautious

    India: Sponge iron prices dip as buying remains cautious

    Mills keep offers stable despite need-based activity Semis, finished steel demand remain moderately weak India’s sponge iron prices declined by INR 100-200/t, mainly in the eastern and central regions, while the southern market remained largely stable amid subdued demand conditions. Despite the marginal correction, mills across regions largely attempted to hold their offers to avoid…