Author: Manish Vasdev

P-DRI (FeM 80%) prices in Raipur dropped further by INR 300/t to INR 34,400/t exw today. Falling billet prices and prevailing sluggish trends are putting pressure on sponge prices. A few deals were reported at around INR 34,700/t in the first half today. However, later in the day a few buying enquiries were assessed at…