Author: Manish Vasdev
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Central India: Sponge iron prices attain stability after persistent downslide
SteelMint’s benchmark sponge iron (P-DRI) prices remained unchanged today at INR 30,000/t ($410), exw Raipur, Central India. Prices found stability due to a slight uptick in billet prices amid prevailing average demand. Raipur plants kept P-DRI (FeM 80%) offers firm at INR 30,000-30,200/t, exw. However, about 2,000 t of deals were assessed by SteelMint at…