Author: Prashasti Giri

Raipur PDRI hits two-year high at INR 29,700/t Lower scrap imports support higher DRI consumption Indian sponge iron prices strengthened sharply in August 2026, with major markets recording gains of INR 3,600-5,350/t m-o-m as tight raw-material availability and higher production costs outweighed uneven finished steel demand. Raipur PDRI prices rose to INR 29,700/t on 29…