Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) prices increased by INR 300/t to INR 27,400/t ($376), exw Raipur, Central India. Supply shortage in the spot market due to limited suppliers of P-DRI has resulted in a continuous surge in prices. Today, a couple of plants from Raipur have floated offers at INR 27,300-500/t exw, while the major…