Author: Manish Vasdev

India: Over 6,000 t of sponge iron deals reported from Raipur

Feb 14, 2022

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by

Manish Vasdev

in Sponge Iron

Pellet-based DRI (P-DRI, FeM 80%) prices rose by INR 150/t to INR 33,700/t exw Raipur today. 6,300 t of P-DRI (FeM 79-80%) deals were reported at INR 33,400-33,700/t versus offers at INR 33,700-34,000/t on exw and DAP Raipur basis. Prices rose slightly on surge in billet offers by INR 450/t, d-o-d.