India: Jharkhand-based mills conclude 4,000 t billets, sponge P-DRI deals

Ramgarh-based steel mills concluded around 4,000 t of billets and pellet-based sponge iron deals each at INR 41,400-41,600/t and INR 27,600-27,800/t respectively on exw basis, with 100% advance payment condition.

  • Out of which, 2,000 t of billets were sold in Jaipur and Patna with a freight cost of INR 1,800/t and INR 800/t, respectively.

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