Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) prices registered a sharp surge by INR 900/t to INR 30,000/t ($409), exw Raipur, Central India. The price rise is attributed to the increasing pellets and imported coal offers. Raipur based plants have floated sponge P-DRI offers at INR 29,700-30,000/t exw & about 4,000 t deals were recorded (including outside…