Author: Manish Vasdev
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India: Sponge iron prices likely to remain volatile in Raipur
Pellet sponge (P-DRI, FeM 80%) prices in Raipur dropped slightly by INR 50/t to INR 31,800/t exw today following healthy bookings since the last couple of days. Thus buyers kept bookings on hold today. Also, the slight correction in billet prices has kept buyers away from taking positions. SteelMint confirmed about 2,500 t of P-DRI…