Category: Sponge Iron

  • India: Sponge iron market slows down on weakening demand

    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…