Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) prices remained stable today at INR 27,000/t ($372), exw Raipur, Central India, despite fall in billet prices. Demand remained supported due to moderate availability of sponge iron with furnaces. About 3,000 t deals were confirmed for P-DRI, which local plants traded at INR 27,000/t exw, while outside plants traded the…