Category: Sponge Iron
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India: Sponge Iron market under pressure as weak demand keeps sentiment subdued
Continued pressure keeps market sentiment subdued Cautious buying as enquiries and volumes decline Indian sponge iron prices witnessed a downtrend on 24 March, declining by INR 100-300/t across regions. Continuous pressure was observed in the sponge iron market, weighing on overall sentiment. Buying activity remained low to moderate, with limited enquiries across markets. Amid persistent…