Author: Shikha Patle
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India: Sponge Iron market stays subdued amid weak demand; trade volumes plunge sharply
Buyers cautious; need-based procurement continues Moderate semis, finished steel demand offers limited support India’s sponge iron market witnessed a mixed price trend across regions on 2 April 2026, with no clear directional movement emerging. Market activity remained subdued, as demand stayed weak and enquiries were noticeably low across key regions. Buying interest was significantly limited,…