Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price increased today by INR 500/t to INR 24,200/t ($333) exw Raipur (central India). The prices have gained momentum on account of improved demand, following a sharp hike in billet price by INR 950/t, d-o-d, in Raipur. SteelMint confirmed about 5,000 t P-DRI deals at INR 24,000-24,200/t exw through local…