Category: Sponge Iron

Cautious buyer sentiment leads to price decline d-o-d Weak demand, oversupply pressure prices in Aug’25 The Indian sponge iron market began September on a subdued tone, with prices declining by INR 50-150/t across major hubs. Durgapur witnessed the sharpest fall of INR 150/t, weighed down by restrained buyer participation. Market sentiment: Limited inquiries were observed,…