Author: Manish Vasdev

Strong demand, limited supply along with anticipated surge in prices have collectively resulted in firming up sponge iron prices in the country. SteelMint’s assessment for pellet sponge (P-DRI, FeM 80%) in Raipur rose by INR 300/t to INR 30,100/t exw on 28 Jul’21. About 4,000 t of P-DRI deals were reported at INR 29,800-30,100/t on…