Author: Prashasti Giri
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India: Sponge iron market strengthens in Jul’26 as higher bookings lift trade volumes and prices
Domestic sponge iron trade volumes rise by 24% m-o-m DRI exports climb 41% on improved overseas demand India’s sponge iron market witnessed a broad-based recovery in July 2026, with prices strengthening across major regions amid improved buying activity, tighter spot availability and higher raw material costs. According to BigMint’s monthly assessment, benchmark pellet-based sponge iron…