Category: Sponge Iron
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India: Sponge iron prices drop by INR 50-350/t d-o-d across markets – 06 Oct
Sluggish steel demand prompts reduction in offers Buyers choose to wait-and-watch amid price uncertainty The Indian sponge iron market remained under pressure on 6 October 2025, with prices declining by INR 50-350/tonne (t) across regions. However, Ramgarh saw a notable price decrease of INR 350/t. Trading activity stayed muted, with around 11,000 t of deals…