Author: Manish Vasdev

India: Sponge iron prices in Raipur rise tracking upward movement in billet offers

Jun 27, 2022

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by

Manish Vasdev

in Sponge Iron

SteelMint’s price assessment for sponge P-DRI (FeM 80%) in Raipur rose INR 600/t to INR 32,600/t exw on account strenthening billet and coal prices as well recovery in demand. About 3,900 t of FeM 80% P-DRI deals were reported at INR 32,400-32,700/t exw & DAP Raipur, while nearly 3,000 t of FeM 78% P-DRI trades…