Category: Semi Finished

The Indian sponge iron market witnessed sluggish trading activity, with prices declining by INR 50-300/t across major regions amid weak demand. The sharpest correction was seen in Raipur, where sponge iron prices settled at INR 25,450/t ex-works. According to BigMint’s market assessment, approximately 8,000 t of sponge iron trades were recorded. BigMint’s billet index declined…