Category: Sponge Iron
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India: Sponge iron prices plummet by INR 50-300/t d-o-d amid muted buying – 29 July
Spot offers ease further as demand weakens Finished steel slowdown weighs on market India’s sponge iron market witnessed a sharp decline in prices on 29 July 2025, falling by INR 50-300/tonne across key regions. The steepest drop was observed in Raigarh, where prices fell by INR 300/t, due to weak demand and widening bid-offer gaps.…