*Indian sponge iron prices fall to a 4-year low in May 2025. What next? BigMint analysis* * Prices drop to lowest level since pandemic amid domestic overcapacity * Decline in coal and raw material prices impact sponge iron prices * Near-term outlook dim amid deteriorating steel market sentiment https://www.bigmint.co/insights/detail/indian-sponge-iron-prices-fall-to-a-4-year-low-in-may-2025-what-next-bigmint-analysis-651396