Author: Manish Vasdev

Sponge iron (P-DRI) prices plunged by INR 700/t to INR 29,000/t ($388), exw Raipur, Central India, as per SteelMint daily assessment. Majority of Raipur based plants were seen holding offers due to unclear market trends, while a couple of plants quoted offers at INR 29,800-30,000/t exw. However, plants based in Raigarh sold a few lots…