Category: Sponge Iron
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India: Sponge iron prices continue to drop d-o-d – 7 Aug
Limited buying shows weak market confidence Buyers remain hesitant as prices soften Indian sponge iron prices continued their downward trajectory on 7 August 2025, with spot prices falling by INR 100-200/t across major regions, particularly in the central-eastern and Bellary clusters. However, Chennai witnessed a slight price uptick, attributed to market uncertainty rather than genuine…