Author: Manish Vasdev
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SteelMint’s benchmark sponge iron prices hit all-time high
SteelMint’s benchmark sponge iron (P-DRI) price surged by INR 700/t to INR 26,800/t ($363) exw Raipur (Central India), hitting an all-time high, following active demand amidst modest availability of the material in the spot market. Limited supplies due to lower production & sufficient orders in hand have supported price hike. Today, a good volume of…