India: Jharkhand mills conclude over 4,500 t billets, DRI deals

  • Jharkhand-based mills concluded 1,700 t of billet deals in a price range of INR 47,000-47,200/t exw-Ramgarh.
  • 2,400 t of P-DRI and 800 t of C-DRI (FeM 78%) deals were confirmed at INR 31,200-31,400/t and INR 33,700-33,800/t exw respectively.
  • Demand remained moderate today though prices moved higher following an increase in north India

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