Tag: India: Sponge iron prices fall d-o-d on weak steel demand – 9 Jul

Trade volumes decline as buyers delay bulk purchases Lower offers fail to generate meaningful buying interest India’s domestic sponge iron market remained under pressure on 9 July 2026, with prices declining by INR 50-200/t d-o-d across most regions. Sellers continued to reduce offers to secure deals, resulting in most transactions being concluded at the lower…