SteelMint

Author: Manish Vasdev

  • Sponge iron prices hit one-month high in Raipur

    Sponge iron prices hit one-month high in Raipur

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    by

    Manish Vasdev
    in

    SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur rose by INR 300/t to INR 32,900/t exw, touching a one-month high. About 6,000 t of FeM 78-80% P-DRI deals were reported at INR 32,700-32,900/t on exw and DAP Raipur basis. Active demand on rising billet prices and higher coal prices continue to lend support…