Category: Sponge Iron
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India: Sponge iron market under pressure despite slightly improved buying
Sponge iron prices extend decline amid weak sentiment Need-based buying lifts trade volumes slightly India’s sponge iron prices declined by INR 100-600/t across regions on 8 May 2026 amid subdued market sentiment and weak buying interest. In the key Raipur market, prices fell by INR 50/t to INR 25,600/t ex-works. Buying activity improved marginally compared…