Category: Sponge Iron
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India: Sponge iron market sentiment remains subdued amid weak demand
Muted demand, election slowdown weigh on sentiment Slow trade activity reported with limited enquiries, deals Sponge iron prices declined by INR 50-200/t across regions on 4 May. In the key Raipur market, prices declined by INR 100/t to INR 25,900/t ex-works. Weak participation and subdued trading activity were observed in the market today. Poll results…