Author: Prashasti Giri
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India: Sponge iron prices rise further despite limited demand
Strong bookings earlier, higher raw material costs lift prices Buyers purchase on need basis amid earlier bookings at lower prices Sponge iron prices across India increased by INR 200-600/t on 6 April 2026, supported by improved bookings in the previous session and a continued uptrend in raw material costs. Despite the price uptick, overall market…