Category: Sponge Iron
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India: Sponge iron prices dip on weak buying; Chennai sees sharpest fall
Slow finished steel demand keeps buying limited Raipur PDRI settles at INR 29,400/t, down INR 50/t Sponge iron prices fell by INR 50-300/t d-o-d across regions on 5 October 2026, with the Chennai region seeing the sharpest drop of around INR 300/t. BigMint’s Raipur PDRI price settled at around INR 29,400/t, down marginally by INR…