Author: Manish Vasdev

India: Sponge iron prices drop INR 100/t in Raipur, few deals reported

Aug 26, 2021

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by

Manish Vasdev

in Sponge Iron

Sponge P-DRI (FeM 80%) prices in Raipur fell slightly by INR 100/t to INR 30,000/t exw on 26 Aug’21. Prices continue sliding down owing to low bids and price corrections in the billet market. Around 2,000 t of P-DRI deals were confirmed at around INR 30,000/t versus offers at INR 30,100-30,300/t on exw and FoR…