Author: Manish Vasdev

  • India: Raipur sponge iron prices fall to 8 months-low

    India: Raipur sponge iron prices fall to 8 months-low

    SteelMint’s price assessment for P-DRI (FeM 80%) fell by INR 700/t to INR 28,200/t exw-Raipur. Prices have dropped to 8-months low as the same range was last seen in Mar’21. Falling raw material prices amidst the sluggish trend weighed on sponge iron prices. About 3,500 t deals were reported at INR 28,100-28,200/t versus offers of…