Author: Manish Vasdev

Sponge iron demand improved in Raipur, following which prices of sponge P-DRI (FeM 80%) rose by INR 800/t to 40,800/t exw Raipur, as per SteelMint assessment. About 6,700 t of deals were reported at INR 40,400-41,000/t exw for FeM 80% material. Deals for 3,100 t were concluded by mills based outside the state at INR…