Author: Manish Vasdev
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India: Sponge iron prices rise by INR 200/t in Raipur
SteelMint’s assessment for sponge iron, P-DRI (FeM 80%), rose by INR 200/t to INR 29,000/t exw-Raipur on 14 Dec’21. Prices rallied following strong billet offers along with rise in domestic pellet offers. This prompted suppliers to keep sponge iron prices strong even though traded volumes fell today. 2,500 t of P-DRI deals were reported at…