Author: Manish Vasdev

SteelMint’s price assessment for sponge P-DRI (FeM 80%) rose by INR 1,300/t to INR 37,500/t exw-Raipur on account of active demand and increasing billets prices. About 5,500 t of P-DRI deals were reported at INR 36,900-37,300/t against offers of INR 37,500-38,000/t on exw and DAP Raipur. 2,000 t DR CLO grade sponge was traded at…