Category: Sponge Iron
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India: Sponge iron prices increase d-o-d on positive market sentiment – 1 Jan 2026
Positive sentiment boosted sellers’ offers Buyers cautious amid elevated price levels Sponge iron prices across major Indian markets witnessed an increase of INR 100-700/t d-o-d on the first trading day of 2026, supported by improved market sentiment and firmer offers from key producers. The sharpest rise was observed in the Raipur region, where prices surged…