Author: Manish Vasdev

SteelMint’s benchmark sponge iron (P-DRI) price dropped sharply by INR 500/t to INR 23,000/t ($315) exw Raipur (central India). The prices are continuously falling since the past few days due to limited spot trade activities of billet. This is leading to a strong supply of sponge iron, particularly in Raigarh, which is the price trend…