Author: Manish Vasdev

Sponge iron prices remained supported in major markets, including Raipur, where they rose by INR 300/t d-o-d. The price assessment for pellet sponge (P-DRI, FeM 80%) stands at INR 31,100/t exw-Raipur on 4 Aug’21. About 2,500 t of P-DRI deals were reported at around INR 30,900-31,100/t exw and FoR Raipur basis. Offers for DR CLO…