Author: Manish Vasdev
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India: Raipur market witnesses around 5,000 t of sponge iron deals
SteelMint’s benchmark pellet sponge (P-DRI, FeM 80%) prices dropped by INR 100/t to INR 29,200/t exw Raipur on 19 Jul’21. However, demand remains active as it is unlikely that prices would drop in the coming days with rising coal prices, seasonal reduction in output as well shutdown of a few kilns in Raipur, as per…