Category: Sponge Iron

  • India: Sponge iron prices continue to decline on weak demand

    India: Sponge iron prices continue to decline on weak demand

    Steel prices soften, sentiment remains guarded Marginal uptick in enquiries; procurement need-based India’s sponge iron prices declined by INR 200-500/t d-o-d across regions on 10 April 2026, amid continued cautious market sentiment. Buying activity remained largely need-based, although some improvement in participation and enquiries was observed after subdued trading in the past few sessions. Despite…