Author: Manish Vasdev
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Raipur sponge iron prices rise on active demand, rising billet prices
SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur rose by INR 800/t to INR 34,300/t exw. About 4,500 t of FeM 78-80% P-DRI deals were reported at a price range of INR 33,800-34,400/t on exw and DAP Raipur basis. Out of this, the major quantity (around 70%) was sold from plants located in…