Author: Manish Vasdev

Sponge iron (P-DRI) price recovered by INR 400/t to INR 25,800/t ($357) exw Raipur (Central India) following gain in billet price by INR 600/t, d-o-d. SteelMint confirmed around 3,000 t P-DRI deals today at INR 25,700-800/t exw, while a few plants claimed bids at around INR 25,900/t as against floated offer of INR 26,000-26,100/t exw.…