Author: Shikha Patle
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India: Softened sponge iron prices boost market participation – 13 Jan
Weak finished steel demand weighs on prices Lower offers lift trade volumes Sponge iron prices across major Indian markets slipped by INR 50-250/t d-o-d on 13 January 2026, weighed down by subdued finished steel demand and weak buying interest. The soft downstream environment continued to cap procurement, keeping trading activity limited across regions. However, a…