Category: Sponge Iron
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India: Sponge iron prices fall further by INR 100-450/t amid weak demand – 13 Oct
Further price corrections limit inventory build-up Festive restocking may offer support in short term Sponge iron prices across India declined by INR 100-450/tonne (t) on 13 October 2025, as weak demand continued to weigh on the market. Most trades were concluded at lower levels, reflecting cautious buyer behaviour, while producers avoided steep price cuts despite…