Category: Sponge Iron
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India: Sponge iron prices ease on limited buyer participation
Festive day slows trade activity, buyer participation Slow finished steel demand weighs on market sentiment Domestic sponge iron prices declined by around INR 50-250/t across regions today, amid lower buyer participation and limited market activity due to a festive holiday. The overall market remained slow, with only need-based buying observed and no major bulk trading…