India: Jharkhand mills conclude 6,500 t billets, sponge iron deals

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Jharkhand-based mills concluded 2,200 t of billet deals in a price range of INR 47,600-47,800/t exw-Ramgarh.
3,300 t of P-DRI and 1,000 t of C-DRI (FeM 78%) deals were confirmed at INR 31,300-31,600/t and INR 34,000-34,200/t exw respectively.
Prices increased on the back of improved buying interest. Most of the bookings were done from Rajasthan.

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