Category: Sponge Iron
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India: Sponge iron prices decline on weak demand, muted market activity – 15 Oct
Weakening finished steel demand exerts pressure Bookings remain limited to need-based transactions Sponge iron prices across India witnessed a decline of INR 50-400/t on 15 October 2025, as persistent weakness in demand and limited market enquiries kept trading subdued. The sharpest correction was observed in the Bellary region, where prices fell by INR 400/t, driven…