Author: Manish Vasdev
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India: About 5,000 t of sponge iron sold in Raipur, prices edge up
SteelMint’s price assessment for sponge P-DRI (FeM 80%) inched up by INR 200/t to INR 36,200/t exw-Raipur on account of active demand and rising billets prices. About 5,000 t of deals of FeM 80% material were reported, out of which, deals from Raigarh-based plants were reported at INR 35,800-36,000/t DAP Raipur, while Raipur-based plants confirmed…