Category: Sponge Iron

Central India records steepest declines of INR 300-450/t d-o-d Billet, finished steel price volatility weighs on sponge iron demand Indian sponge iron (DRI) prices declined by INR 50-450/t d-o-d on 27 February 2026 across major producing regions, as subdued demand and cautious buying behaviour dominated market activity. Central India witnessed the sharpest corrections of INR 300-450/t,…