Author: Manish Vasdev

India: Raipur sponge iron trading improves on lower offers

Oct 22, 2021

—

by

Manish Vasdev

in Sponge Iron

P-DRI (FeM 80%) prices in Raipur dropped by INR 400/t to INR 34,000/t exw today. Falling prices led to improvement in trades. Deals were reported at INR 33,500-34,000/t as against offers at INR 34,000-34,500/t on exw and FOR Raipur basis. A majority of the deals were reported at around INR 33,500-33,800/t exw. However, the suppliers…