Author: Manish Vasdev

SteelMint’s benchmark sponge P-DRI (FeM 80%) prices fell by INR 300/t to INR 30,000/t, exw Raipur, on 25 Jun’21. Prices keep trending down on weak demand following a decline in billet prices. Sources expect prices to remain under pressure as major hot rolling mills are holding purchases on expectation of prices softening in the coming…