Author: Prashasti Giri
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India: Sponge iron prices rise further despite restrained demand
Market volatility keeps prices at elevated levels Procurement largely need-based at higher offers Sponge iron prices across India increased by INR 100-400/t on 6 March 2026, supported by improved bookings in the previous session and continued uptrend in raw material costs. The south Indian market recorded the sharpest increase of around INR 400/t d-o-d, aided…