Author: Shikha Patle

Weak demand keeps sponge iron market subdued Eastern buying supports sponge iron trade Sponge iron prices largely remained stable or witnessed a slight increase of INR 50-100/t across most regions on 29 May, while the southern markets of Bellary and Hyderabad recorded declines of INR 100/t and INR 200/t, respectively. In the key Raipur market,…