Author: Manish Vasdev
-

India: Raipur sponge iron prices rebound after hitting low
SteelMint’s price assessment for sponge P-DRI (FeM 80%) rose by INR 300/t to INR 28,800/t exw. Adequate deals were reported by a few plants. 4,000 t of P-DRI deals were reported at INR 28,600-28,800/t against offers of INR 29,000-29,200/t on exw and FOR Raipur. 1,200 t of DR-CLO grade sponge deals were confirmed at INR…