Author: Manish Vasdev

India: Sponge iron prices edge up in Raipur as trade volumes rise

Jun 22, 2022

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by

Manish Vasdev

in Sponge Iron

SteelMint’s assessment for sponge P-DRI (FeM 80%) rose by INR 200/t to INR 31,600/t exw-Raipur today on improved demand, rising billet prices and a rebound in the South African coal index. About 8,300 t of P-DRI (FeM 80%) deals were reported at INR 31,400-31,700/t on exw and DAP basis, while nearly 2,000 t of FeM…