Category: Sponge Iron
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India: Sponge iron prices soften amid weak market participation
Sellers remain open to reducing prices to attract buyers Limited semis, finished steel trade weighs on market India’s sponge iron prices declined by INR 100-300/tonne (t) d-o-d across regions on 07 May 2026. In the benchmark Raipur market, prices fell by INR 200/t to INR 25,650/t exw. Buying activity remained low and need based only…