Author: Manish Vasdev
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SteelMint’s benchmark sponge iron prices drop slightly
SteelMint’s benchmark sponge iron (P-DRI) prices dropped today by INR 100/t to INR 27,200/t ($375), exw Raipur, Central India amid moderate demand. Around 2,500 t confirmed deals for P-DRI have been recorded at INR 27,000-27,200/t on exw & FoR basis against the floated offers at INR 27,300/t exw. In line, bids for DR CLO grade…