Author: Manish Vasdev

Central India: Raipur sponge iron prices fall further on limited deals

Jun 22, 2021

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by

Manish Vasdev

in Sponge Iron

SteelMint’s benchmark sponge P-DRI (FeM 80%) prices dropped by INR 200/t to INR 30,500/t, exw Raipur, on 22 Jun’21. Prices fell due to weak demand on a sustained decline in billet prices. About 1,500 t of P-DRI deals were reported at around INR 30,500/t against offers at INR 30,600-30,800/t, exw and FoR Raipur. A few…