Category: Sponge Iron

Weak finished steel demand weighs on sponge iron prices Festive holiday slows down trading activity in some regions Domestic sponge iron prices declined by around INR 100-200/t d-o-d across major regions. Festive-day celebrations in some regions further slowed market momentum and kept trading activity subdued. In Raipur, PDRI prices settled at around INR 29,200/t, down…