Author: Manish Vasdev
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SteelMint’s benchmark sponge iron prices hit an all-time high
Benchmark sponge iron (P-DRI) prices further gained by INR 400/t to INR 30,700/t ($409), exw Raipur, Central India – touching the highest level since the data maintained with SteelMint from Aug 2012. The prices continued to rise on account of higher raw material (Iron ore & pellet) price & hike in billet offers. About 3,000…