Author: Bhupesh Agrawal
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India: Sponge iron prices edge up d-o-d despite softer trading activity
Trade slows as buyers remain hesitant at higher prices Higher raw material costs push sellers to keep offers firm Indian sponge iron prices increased by around INR 50-200/t d-o-d on 4 August 2026 following stronger trading activity in the previous session. In the Raipur market, sponge iron was assessed at approximately INR 25,750/t, up by…