Author: Manish Vasdev
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India: Sponge iron trades improve in Raipur as offers decline further
SteelMint’s benchmark sponge iron (P-DRI) prices declined further by INR 400/t to INR 24,000/t ($329) exw Raipur (central India). Meanwhile, trades improved following a decrease in offers as a total of around 6,000 t deals have been reportedly confirmed at INR 24,000/t exw. Also, a few lots have been sold from outside suppliers at INR…