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

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Jharkhand-based steel mills concluded 2,100 t of billets deals in a price range of INR 43,300-43,500/t exw-Ramgarh.
3,200 t of P-DRI and 1,600 t of C-DRI (FeM 78%) deals were confirmed at INR 29,400-29,500/t and INR 32,000-32,100/t exw respectively.
Offers moved up marginally amid supportive trade dynamics despite volatile sentiments.

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