Author: Manish Vasdev
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India: Sponge iron trades improve on falling prices in Raipur
SteelMint’s benchmark sponge iron (P-DRI) price dropped further by INR 200/t to INR 23,500/t ($324) exw Raipur, Central India. However, on lower offers, trades improved by two-folds. SteelMint confirmed about 3,000 t deals today at around INR 23,500-600/t on exw & FoR Raipur as against 1,500 t deals yesterday at near to INR 23,700/t on…