Author: Manish Vasdev

Tight sponge iron deliveries have given producers the leeway to keep prices strong despite lower bids. As demand is mainly for prompt dispatch, suppliers are asking for a premium over regular deliveries. SteelMint’s assessment for sponge P-DRI (FeM 80%) in Raipur was at INR 29,800/t on 3 Sept’21. A few deals were confirmed as against…