Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) prices moved down today by INR 300/t to INR 27,200/t ($375), exw Raipur, Central India. Disparity between bids & offers along with competitive offers from outside plants have resulted in limited spot trades in Raipur. The local plants in Raipur have floated P-DRI offers at INR 27,500/t exw, however the…