Author: Manish Vasdev
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SteelMint’s benchmark sponge iron price up by INR 200/t ($3) on active bids
SteelMint’s benchmark sponge iron (P-DRI) price rebounded today. The exw Raipur (central India) prices moved up by INR 200/t to INR 23,200/t ($318). The prices recovered after a continuous drop of approx INR 3,500/t in Jan’21. As per sponge makers, demand was better today which led to slight rise in offers. SteelMint confirmed about 4,000…