Category: Sponge Iron

India’s sponge iron market witnessed a mixed trend, with buying activity improving significantly d-o-d. Spot offers in central India increased by INR 300-350/t, supported by stronger bookings and improved buyer participation. However, markets in Odisha and southern India remained subdued. Trade recorded around 16,900 t  compared with 7,300 t. BigMint’s billet index rose by INR…