Author: Shikha Patle
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India: Sponge iron prices dropped INR 100-400/t amid weak demand and muted trade – 6 Jan
East and southern region leads the decline today Trade volumes stayed low on weaken trade activity Sponge iron spot prices across India declined by INR 100-400/tonne (t) on 6 January 2025, reflecting weak demand and limited trading activity. The steep correction of INR 300-400/t was recorded in the Rourkela and Hyderabad markets, amid a broadly…