Category: Sponge Iron
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India: Sponge iron prices soften amid festive lull
Weak finished steel demand weighs on market sentiment Buyers resist current prices, engage in need-based purchases Domestic sponge iron prices declined by around INR 50-300/tonne (t) d-o-d on 14 September 2026 across key regions. The downward movement was mainly attributed to the festive holiday, which kept market activity subdued, along with buyers’ hesitation to accept…