Category: Sponge Iron
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India: Sponge iron market extends decline amid weak demand – 21 Aug 2025
Prices slip by INR 50-100/t in most markets Around 12,000 t traded amid need-based buying The Indian sponge iron market remained under pressure on 21 August 2025, with spot prices slipping further by INR 50-100/t across major production hubs, weighed down by subdued demand and cautious market participation. An exception was noted in Durgapur, where…