Author: Manish Vasdev
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Central India: Sponge iron prices up by INR 200/t following billet gains
Sponge P-DRI (FeM 80%) prices increased by INR 200/t to INR 31,000/t, exw Raipur, on 11 Jun’21. Offers climbed tracking gain in billet prices, although buyers remained on the sidelines, as bids had been lessened by INR 300-500/t compared to the offers that were floated. Bids for P-DRI were reported at INR 30,700-30,900/t as against…