Author: Manish Vasdev

SteelMint’s benchmark sponge iron prices drop further by INR 200/t ($3)

Jan 18, 2021

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by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) price declined further by INR 200/t to INR 25,200/t ($344) exw Raipur (central India) on poor buying inquiries. The Raipur based plants floated offers at INR 25,300-400/t, however only a few trades/bids have been reported at INR 25,000-25,200/t exw. Also, no major trades have been reported from outside on offers of…