Author: Bhupesh Agrawal
-

India: Sponge iron prices rise on raw material tightness and regional buying support
Coal, pellet and scrap shortages push up production costs and spot offers Limited bookings on elevated offers aidded sentiments slightly India’s sponge iron market strengthened on 19 August 2026, with prices rising by INR 100-500/t across major regions. Higher raw material costs, tight availability, previous-day bookings and supportive market sentiment encouraged producers to raise offers.…