India: Semi-finished steel offers remain stable in Jharkhand

• Jharkhand-based mills sold 3,000 t of billets at INR 44,400-44,500/t exw Ramgarh, on advance payment basis.
• Also, 2,100 t P-DRI (FeM 78%) was sold at INR 29,800-30,000/t and 2,400 t of CDRI (mix material, FeM 78%) at INR 31,800-32,000/t exw Ramgarh.

The market remained stable today even as participants are anticipating a further correction.