Author: Manish Vasdev
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SteelMint’s benchmark sponge iron price rises by INR 400/t
Benchmark sponge iron (P-DRI) prices gained by INR 400/t to INR 28,800/t ($389), exw Raipur, Central India. As per plants, sentiments turned optimistic on active demand from outside the state buyers i.e. from Maharashtra. The reason behind this is the supply shortage of scrap due to lockdown restrictions & hold bookings since a few days.…