Central India: Raipur sponge iron market observes less trades

The major sponge P-DRI manufacturers in Raipur reported dull buying inquiries with only about 1,000-2,000 t deals being concluded at around INR 19,300/t exw. Bids reported were largely at INR 19,000-19,200/t exw. Offers from outside suppliers stood at INR 19,500/t FoR Raipur, however no major deals were reported.