Author: Manish Vasdev

SteelMint’s benchmark sponge P-DRI (FeM 80%) prices fell slightly by INR 100/t on 9 Jun’21 to INR 30,400/t, exw Raipur. Trades pick up today with improvement in billet trade. However, sources believe sponge iron prices are likely to remain under pressure on expectations of easing supply from Raigarh in the coming days where furnaces are…