Category: Sponge Iron
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India: Sponge iron prices decline by INR 150-400/t d-o-d amid limited bookings – 3 Nov
Buyers remain cautious amid steel market volatility Trading volume falls sharply from previous session India’s sponge iron prices fell by INR 150-400/t d-o-d on 3 November 2025 across major producing regions. The decline was largely driven by muted buying interest and increased selling pressure, as traders and manufacturers adjusted offers to attract limited inquiries. Despite…