Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price has fallen further by INR 200/t to INR 27,000/t ($369), exw Raipur, Central India. Trades remained moderate however falling billet prices have put pressure on sponge makers, resulting in slight corrections in sponge offers. SteelMint confirmed about 3,500 t P-DRI deals today at around INR 27,000/t on exw &…