Category: Sponge Iron
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India: Sponge iron prices declined amid festive slowdown; trade activity remains muted
Inquiries slow down, but selling pressure remains limited Producers focus on dispatching previously booked material India’s sponge iron (DRI) prices remained stable or declined across various regions on 3 March 2026, with corrections limited to a narrow range of around INR 100-300/t d-o-d. The marginal correction was primarily driven by subdued trading activity ahead of…