Author: Manish Vasdev
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India: Raipur sponge iron offers stay fixed on renewed buying
SteelMint’s benchmark sponge P-DRI (FeM 80%) prices remained stable at INR 28,700/t exw Raipur on 9 Jul’21. Prices stayed firm on account of active demand at prevailing prices along with a slight gain in billet prices by around INR 150/t. About 3,500 t of P-DRI deals were reported at INR 28,700-28,800/t exw and FoR Raipur.…