Author: Shikha Patle
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India: Sponge iron prices edge down on lack of buying interest
Prices ease on limited buying Muted enquiries, thin trade weigh on market India’s sponge iron (DRI) prices eased by INR 100–400/tonne (t) d-o-d across regions on 21 January 2026, mainly due to limited buying interest. Market participants indicated that sellers were largely focused on dispatching previously booked material, resulting in no notable selling pressure in…