Author: Bhupesh Agrawal

Positive steel market sentiment encourages producers to lift offers Higher prices prompt buyers to restrict purchases to urgent needs Sponge iron prices across major Indian markets increased by INR 50-350/tonne (t) d-o-d on 23 January 2026, supported by improved market sentiment and firmer offers from key producers. Raipur witnessed the sharpest increase of INR 350/t d-o-d,…