Author: Manish Vasdev
-
Raipur sponge iron prices fall by INR 300/t, around 5,000 t deals concluded
SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur fell by INR 300/t to INR 33,400/t exw. Around 4,800 t of FeM 78-80% P-DRI deals were concluded at INR 33,000-33,500/t on exw and DAP Raipur basis. Prices remained under pressure on account of improvement in spot supply along with dull finished steel sales, which…