Author: Manish Vasdev
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India: Raipur sponge iron offers slide on low bids
SteelMint’s benchmark sponge P-DRI (FeM 80%) prices fell by INR 200/t to INR 29,200/t, exw Raipur, on 1 Jul’21. Prices dropped owing to limited trades as well lower bids compared to the offers that were floated today. About 2,500 t of deals for P-DRI were reported at around INR 29,200-29,300/t against offers at INR 29,400-29,500/t,…