Author: Manish Vasdev
-

India: Bid-offer disparity puts pressure on Raipur sponge iron prices
P-DRI (FeM 80%) prices in Raipur fell by INR 200/t to INR 35,100/t exw today. Lower bids and competitive offers by resellers were the key factors behind the price correction. Deals were reported at INR 35,000-35,200/t against offers at INR 35,500/t on exw and FOR Raipur basis. Although sources claimed to have purchased material at…