Author: Shikha Patle
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India: Sponge iron prices ease marginally; trade volume improves d-o-d
Trade remains need-based despite improved market sentiment Prices dip in central, south India, stay stable in eastern market India’s sponge iron (DRI) prices declined marginally by INR 50-150/tonne (t) d-o-d across regions on 22 January 2026. Buying activity showed a slight improvement compared to the previous day as prices eased. However, overall procurement remained limited,…