Author: Shikha Patle

Prices declined across the regions Need-based procurement weighs on trade volumes India’s sponge iron prices declined by INR 50-300/t d-o-d across major regions amid subdued demand conditions and weaker market sentiment. In the benchmark Raipur market, prices fell by INR 150/t to INR 25,100/t ex-works. Although sellers lowered offer prices to improve enquiries and stimulate…