Category: Sponge Iron

Trade volumes decline as buyers adopt wait-and-watch stance Subdued finished steel demand weighs on sponge iron prices India’s sponge iron prices declined by INR 100-400/t d-o-d across major markets on 18 May, amid subdued trading activity and weak buyer participation. In the benchmark Raipur market, sponge iron prices fell by INR 250/t to INR 25,450/t…