Author: Manish Vasdev
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India: Raipur sponge iron market witnesses active trading
As a result of improvement in billet prices as well trades, sponge iron demand showed signs of improvement on 9 Sep’21. Sponge P-DRI (FeM 80%) prices in Raipur moved up by INR 100/t to INR 29,100/t exw. 6,000 t of P-DRI deals were reported at INR 28,900-29,100/t as against offers at INR 29,000-29,300/t exw and…