Author: Shikha Patle
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India: Sponge iron prices rise marginally d-o-d despite weak demand – 16 Jan
Trade volumes fall as buyers adopt cautious stance Pellet prices remain steady amid stable iron ore India’s sponge iron (DRI) prices edged up by INR 100-300/tonne (t) d-o-d across major regions on 16 January 2026, supported by slightly firmer producer offers. However, market sentiment remained subdued, with limited enquiries and cautious buying observed throughout the…