Author: Manish Vasdev
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India: Raipur sponge prices drop slightly on soft buying interest
SteelMint’s benchmark pellet sponge (P-DRI, FeM 80%) prices fell by INR 100/t to INR 29,700/t exw Raipur on 23 Jul’21. Prices dropped slightly as bids were lower today along with soft buying interest due to the plunge in ingot and billet prices by up to INR 450/t d-o-d. About 2,000 t of P-DRI deals were…