Category: Sponge Iron
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India: Sponge iron prices decline d-o-d; trade volumes recover-30 Jul
Spot bookings rise amid market volatility d-o-d Slight recovery in finished steel supports offers Indian sponge iron spot prices declined by INR 100-250/tonne (t) on 30 July 2025 across major producing regions. The steepest correction was observed in Bellary, due to subdued demand and limited activity throughout the day. Initially, prices fell by INR 200-300/t in the…