Category: Sponge Iron
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India: Sponge iron prices slide; cautious buying keeps market under pressure
Sellers maintain offers, buyers limit bookings Weak semis demand exerts downward pressure India’s sponge iron prices declined by INR 50-400/tonne (t) d-o-d across regions on 27 April 2026. In the benchmark Raipur market, prices fell by INR 150/t to INR 25,900/t exw. Buying activity remained low to moderate during the day, with subdued bidding amid…