Author: Manish Vasdev

SteelMint’s benchmark sponge P-DRI (FeM 80%) prices fell by INR 200/t to INR 28,800/t exw Raipur on 14 Jul’21. Falling billet prices weighed on the sponge iron market, however further fall in prices stands limited – as cited by manufacturers, due to higher input cost. Hence, they are planning to hold sales, if bids continue…