Category: Sponge Iron

  • India: Sponge iron prices under pressure; buyers remain cautious

    India: Sponge iron prices under pressure; buyers remain cautious

    Sponge iron prices fall on weak demand Cautious buying keeps trade volumes limited Domestic sponge iron prices declined by INR 100-700/t across regions on 20 April, reflecting continued pressure on the market. Buying activity remained low to moderate, with participants largely restricting purchases to immediate requirements. Trade volumes stayed limited, as transactions were primarily need-based…