Author: Manish Vasdev

SteelMint’s benchmark sponge iron price increases further by INR 300/t ($4)

Feb 25, 2021

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by

Manish Vasdev

in Sponge Iron

Sponge iron (P-DRI) price picked up further by INR 300/t to INR 26,100/t ($360) exw Raipur (Central India) on account of active demand and following an upswing in billet prices. SteelMint confirmed around 4,000 t P-DRI deals today at the range of INR 25,800-26,100/t exw. Trades settled at INR 25,800-26,000/t during the first half of…