After concluding a few healthy deals since last couple of days, Raipur sponge iron & billet market witnessed no deals today due to disparity between bids & offers. Offers by major producers for sponge P-DRI stood at INR 16,400-500/t, while bids reported to be at INR 16,300/t ex-plant. Similarly, billet offers hovered at INR 28,000-200/t against bid of around INR 27,800-900/t, ex-plant.
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