Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price has increased today by INR 300/t to INR 27,400/t ($374), exw Raipur, Central India. Despite moderate trades, the prices rose following a surge in billet offers by INR 500/t, d-o-d. Trade sources confirmed around 2,500 t deals in the range of INR 27,300-27,400/t on FoR basis from outside suppliers,…