Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price remained stable at INR 27,200/t ($373), exw Raipur, Central India. Despite a slump in billet prices by INR 250/t, d-o-d, prices were stable due to supply shortage for pellet based DRI in the spot market. The buyers said that the sellers are not willing to cut prices due to…