Author: Shikha Patle
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India: Sponge iron prices increase sharply by INR 500-1,400/t d-o-d amid improved demand – 29 Dec
Eastern, southern regions lead d-o-d price gains Improved semis demand boosts sponge iron market India’s sponge iron prices rose by INR 500-1,400/tonne (t) across key producing regions on 29 December 2025. The sharpest gains were recorded in Durgapur, Ramgarh, and Chennai, where prices surged by INR 1,150-1,400/t. Market sentiment strengthened significantly, supported by positive response from finished…