Author: Manish Vasdev
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SteelMint’s benchmark sponge iron prices remain stable on moderate demand
SteelMint’s benchmark sponge iron (P-DRI) prices remained range-bound today at INR 27,200/t ($375), exw Raipur, Central India, due to moderate demand. About 2,000 t confirmed deals for P-DRI have been reported at INR 27,000-27,200/t on exw & FoR basis against the floated offers at INR 27,200-400/t exw. In line, few trades as well as bids…