Author: Manish Vasdev

India: Raipur sponge iron offers stable despite lower bids

Nov 10, 2021

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by

Manish Vasdev

in Sponge Iron

Raipur sponge iron, P-DRI, offers remained stable today at INR 30,800/t exw. Suppliers opted to hold offers amidst sufficient deals yesterday. 1,000 t of P-DRI deals were reported at INR 30,600-30,800/t against offers floated at INR 30,900-31,200/t exw and FOR Raipur. A majority of the bids were reported at INR 30,500/t. However, no confirmed deals…