Category: Sponge Iron
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India: Sponge iron market slows down on weakening demand
Around 5,200 t traded amid need-based buying Cautious buyer sentiment leads to price decline India’s sponge iron market continued to face pressure today, with prices showing a declining trend across key production hubs. Overall sentiment remained weak, with limited trades and muted demand from the semi-finished and finished steel segments. Market sentiment: Limited inquiries were…