India: Raipur plants book over 10,000 t of sponge iron

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SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur rose by INR 300/t to INR 32,500/t exw.
10,700 t of FeM 78-80% P-DRI deals were recorded today, 65% of which were concluded by Odisha- and Raigarh-based plants.
FeM 78% P-DRI was traded at INR 31,900-32,200/t DAP Raipur, and FeM 79-80% material was booked at INR 32,400-32,600/t on exw and DAP Raipur basis.

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