Category: Sponge Iron

Trade volumes surge by 70% d-o-d GST reforms drive bullish outlook India’s sponge iron prices witnessed a sharp rise of INR 200-500/tonne (t) d-o-d across major regions, led by Raigarh. The surge was supported by improved spot inquiries and positive sentiment following GST-related developments, which boosted buying interest. Market activity Buyer confidence: Stronger participation reflected…