India: Jharkhand mills conclude over 7,000 t of billets, sponge iron deals

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Jharkhand-based mills concluded 2,600 t of billet deals in a price range of INR 46,800-47,100/t exw-Ramgarh.
3,300 t of P-DRI and 1,400 t of C-DRI (FeM 78%) deals were confirmed at INR 31,100-31,300/t and INR 33,500-33,700/t exw respectively.
Sellers raised semis offers on the back of active trade activities amid improved demand.

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