India: Jharkhand mills conclude 3,200 t billets, sponge iron deals

  • Jharkhand-based steel mills concluded 1,300 t of billets deals in a price range of INR 45,700-45,800/t exw Ramgarh.
  • 1,000 t of P-DRI and 900 t of C-DRI (FeM 78%) deals were confirmed at INR 29,600-29,800/t and INR 32,300-32,400/t exw Ramgarh, respectively.
  • Below average trades were noticed due to weak buying and continuous fall in prices. Hence, semis movement has been impacted in the region.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *