Author: Manish Vasdev

SteelMint’s benchmark sponge iron prices drop further on limited inquiries

Jan 14, 2021

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by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) price declined further by INR 100/t to INR 25,800/t exw Raipur (central India) on account of limited inquiries. The Raipur-based plants floated offers at INR 25,900/t exw and no major confirmed deals have been reported, however about 1,500 t deals have been reported from outside at INR 26,000/t on FoR Raipur…