Category: Sponge Iron
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India: Weak buying interest continues to pressure sponge iron prices
Prices in south hold firm despite muted buying Trade volumes decline sharply by 80% d-o-d Sponge iron prices showed mixed trends across India on 5 December, declining by INR 100-300/t d-o-d in most regions due to weak steel market sentiment and limited trading interest. Buyers remained cautious, resulting in restricted overall activity. In the eastern…