Category: Sponge Iron
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India: Sponge iron markets show mixed movement; weak buying weighs on trade
Mixed price trends emerge amid sluggish demand Trade volumes plunge; buying remains cautious Domestic sponge iron prices witnessed a mixed trend across regions on 16 April, with declines of INR 100-300/t in some markets, while a few regions recorded marginal gains of INR 100-200/t. However, overall market activity remained subdued, with limited buying interest and…