Category: Sponge Iron
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India: Sponge iron prices trend lower on subdued demand – 6 Aug
Market sentiment remains weak d-o-d Muted finished steel demand sees spot offers softening The Indian sponge iron market continued to weaken on 6 August 2025, with spot prices declining by INR 50-400/tonne across key production hubs. The central region registered the sharpest correction, driven by weak demand and minimal trading activity throughout the day. Buyer…