Category: Sponge Iron

Sponge iron dips INR 100-300/t as demand stays sluggish Trade activity muted; bearish sentiment persists Sponge iron prices declined across major regions by INR 100-300/tonne (t) on weak demand and oversupply pressure. Sellers continued to lower offers to stimulate buying interest, but persistent resistance from buyers kept the market under pressure. Market sentiment remained subdued…