Author: Shikha Patle

India: Sponge iron prices climb up on strong post-festival demand

Mar 5, 2026

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by

Shikha Patle

in Sponge Iron

South African thermal coal prices rise, lifting production costs Strong semis, finished steel demand supports DRI price uptick India’s sponge iron (DRI) prices increased by INR 100-600/t d-o-d across major regions on 5 March 2026. Buying activity improved significantly in the post-Holi period. The rise in South African thermal coal prices remained the key factor…