Author: Manish Vasdev

India: Raipur sponge iron prices drop INR 100/t on softening billet prices

Jun 21, 2021

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by

Manish Vasdev

in Sponge Iron

SteelMint’s benchmark sponge P-DRI (FeM 80%) prices dropped marginally by INR 100/t to INR 30,700/t, exw Raipur, on 21 Jun’21. Prices fell due to low bids and fall in billet prices by INR 300/t. About 2,500 t of P-DRI deals were reported at around INR 30,700/t against offers at INR 30,800-31,000/t, exw and FoR Raipur.…