India: Jharkhand mills conclude around 5,500 t sponge iron deals

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Jharkhand-based steel mills sold 3,200 t of billets at a price range of INR 47,000-47,200/t exw Ramgarh.
SteelMint’s assessment for pellet-based DRI (PDRI) stands at INR 30,350/t and iron ore-based DRI (CDRI), FeM 78%, at INR 32,400/t exw Ramgarh. Around 2,600 t of PDRI and 2,700 t CDRI deals were confirmed today.

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