Author: Shikha Patle
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India: Sponge iron prices soften d-o-d on weak procurement
Wide bid-offer gaps slow down trade Finished steel demand remains weak The domestic sponge iron market witnessed a weak trend on 01 July 2026, with prices declining by INR 50-200/t d-o-d across most regions. In the benchmark Raipur market, sponge iron prices fell by INR 150/t d-o-d to INR 23,900/t, with offers at around INR…