Category: Sponge Iron

Rising billet prices support higher sponge iron tags Buyers ramp up purchases on price hike expectations India’s sponge iron prices surged further d-o-d on 24 July 2025, driven by strong buying momentum and increased spot inquiries. Price hikes ranged between INR 50-800/tonne (t) across major production and consumption hubs. Market highlights Spot bookings increased as…