Author: Manish Vasdev
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India: Raipur sponge iron prices stable on sustained buying interest
P-DRI (FeM 80%) prices remained stable at INR 30,800/t, exw Raipur, on 15 Jun’21. Demand continued to remain active following volatility in billet prices amid buyer expectations that prices were unlikely to fall due to the approaching monsoons, steep raw materials prices and with operations resuming at a few Raigarh-based furnaces. About 3,000 t of…