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India: Sponge iron prices show mixed trends amid modest buying - 21 Jul

Source: BigMint Jul 23, 2025 10:00
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Spot offers up in central, north; down in south, east. Subdued finished steel demand caps buying interest
India's sponge iron prices witnessed mixed trends on 21 July 2025 amid moderate transaction volumes. Spot offers rose by INR 50-200/tonne (t) in Raipur, Raigarh, and Mandi Gobindgarh, while Bellary and Durgapur recorded price corrections of INR 50-300/t throughout the day.   Despite moderate buying interest, manufacturers kept offers elevated due

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