Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price rallied by INR 600/t to INR 25,000/t ($343) exw Raipur (central India). The trades remained moderate as majority of Raipur based sponge manufacturers are out of the market either due to lower production or increase in captive consumption amid healthy orders in hand. SteelMint confirmed about 3,000 t deals…