Category: Sponge Iron
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India: Sponge iron prices ease across markets as muted demand weighs on sentiment
Prices decline across regions, Chennai sees slight uptick Weak demand and lower volumes keep sentiment cautious India’s sponge iron prices declined by INR 100-500/t across regions, while the Chennai market bucked the trend, recording an an increase of around INR 200/t. Buying activity remained largely restricted to need-based procurement, with overall participation staying limited. Weak…