Author: Manish Vasdev

India: Sponge iron prices in Raipur rise on active demand

Jul 21, 2021

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by

Manish Vasdev

in Sponge Iron

SteelMint’s benchmark pellet sponge (P-DRI, FeM 80%) prices increased by INR 200/t to INR 29,700/t exw Raipur on 21 Jul’21. Prices gained on account of supportive demand as well rising billet prices. About 3,500 t of P-DRI deals were reported at INR 29,600-29,700/t compared to offers at INR 29,700-29,800/t, exw and FoR Raipur. Meanwhile, DR…