Category: Sponge Iron
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India: Sponge iron prices surge on higher coal costs
Raipur, Raigarh see sharp hikes amid large coal-based producer base Finished steel prices climb higher by INR 200-1,400/t d-o-d Domestic sponge iron prices surged by around INR 1,100-1,300/t d-o-d on 28 September 2026, with the sharpest increases recorded in Raipur and Raigarh. The rise was primarily attributed to a significant increase in non-coking coal prices…