Author: Shikha Patle
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India: Sponge iron prices ease d-o-d as buying remains limited
Buyers remain cautious despite lower sponge iron offers Need-based finished steel buying weighs on DRI demand India’s sponge iron (DRI) prices eased by INR 200-500/tonne (t) d-o-d across regions on 20 January 2026 due to slower buying and softer enquiries over the past 2-3 days. While sellers reduced offers to make them more attractive, most buyers…