Author: Manish Vasdev
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India: Raipur plants book 3,500 t of sponge iron from neighbouring markets
SteelMint’s sponge P-DRI (FeM 80%) price assessment decreased by INR 400/t to INR 32,800/t exw-Raipur. 3,450 t FeM 78-80% P-DRI deals were recorded, 65% of which were concluded by Odisha-based plants. FeM 78% was traded at INR 32,300-32,500/t while FeM 79-80% was booked at INR 32,600-32,800/t, both on DAP Raipur basis. Meanwhile, Raipur plants floated…