Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) prices remained unchanged today at INR 29,000/t ($394), exw Raipur, Central India. Competitive offers from outside plants and relatively stable supplies are the key factors behind stability in prices. Raipur based plants have floated sponge P-DRI offers at INR 29,000-29,200/t exw & about 2,500 t deals were recorded (including outside…