Author: Manish Vasdev
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SteelMint’s benchmark sponge iron price rises on active trades
SteelMint’s benchmark sponge iron (P-DRI) price increased today by INR 300/t to INR 22,900/t ($314) exw Raipur (central India). The prices have recovered on active trades along with improved demand for billets. SteelMint confirmed about 5,000 t deals from the local & outside based plants at the range of INR 22,700-23,000/t on exw & FoR…