Author: Manish Vasdev

Benchmark sponge iron (P-DRI) prices slightly dropped by INR 100/t to INR 28,400/t ($381), exw Raipur, Central India. As per plants, improvement in bids led to a slight change in offers today. Sufficient deals were reported on floated offers at INR 28,300-500/t on exw & FoR Raipur basis. Meanwhile, as per participants, sponge iron prices…