Category: Sponge Iron
-

India: Sponge iron prices rebound amid stronger buying activity
Sponge iron demand strengthens in central, eastern India Robust finished steel demand lends upward momentum India’s sponge iron prices moved up by INR 100-300/t d-o-d across major regions on 25 May, supported by improved market sentiment and stronger buying activity. In the key Raipur market, prices increased by INR 100/t to INR 24,800/t ex-works. Market…