Author: Manish Vasdev
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India: Limited buying pulls Raipur sponge iron prices down
Sponge P-DRI (FeM 80%) prices in Raipur fell by INR 200/t to INR 29,400/t exw. Market participants have reported limited bids, while a couple of plants claimed that demand was active for prompt deliveries, SteelMint observed. A few deals were confirmed for P-DRI at around INR 29,300-29,400/t versus offers at INR 29,500-29,600/t on exw and…