Category: Sponge Iron
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India: Weak buying drags sponge iron prices lower – 2 Sep
Eastern India sees sharp drop of INR 250/t d-o-d Sellers reduce offers, seeking uptick in demand The Indian sponge iron market continued to witness bearish momentum, extending the subdued sentiment seen in the past few months. Prices corrected by INR 50-250/t d-o-d across major production hubs, with the sharpest declines recorded in Raigarh and Ramgarh,…