Category: Sponge Iron
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India: Sponge iron prices decline across markets; demand remains weak – 29 Aug
Sellers offering heavy discounts conclude deals Steel demand sees prolonged stagnation India’s sponge iron market stayed under selling pressure today, with prices correcting by INR 50-300/t across major regions. The sharpest fall was seen in Durgapur by INR 300/t, driven by weak demand and muted buyer sentiment. Regional market dynamics Central & eastern markets: Most…