Category: Sponge Iron

Buyers adopt wait-and-watch stance Semis, finished steel prices fall sharply India’s sponge iron prices declined sharply by INR 200-700/t d-o-d across regions on 8 April 2026, primarily driven by the panic situation following the ceasefire announcement between the United States and Iran, which weighed on overall steel market sentiment. Market activity remained subdued, with buying…