Author: Shikha Patle

  • Sponge Iron market supported by cost push and supply tightness

    Sponge Iron market supported by cost push and supply tightness

    Sponge Iron Market Holds Firm at Higher Levels Supply Tightness in Central Region Lends Support Sponge iron prices moved up by around INR 200-700/t across major regions on 4 February. Buying activity stayed moderate through the day, as buyers showed some resistance at elevated price levels, despite demand remaining steady. Most participants adopted a wait-and-watch…