Author: Manish Vasdev
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SteelMint’s benchmark sponge iron price remains stable
Benchmark sponge iron (P-DRI) prices remained unchanged at INR 26,100/t exw Raipur (central India) with no major deals. The plants floated offers at INR 26,200-300/t, however few deals & bids were reported at INR 26,000-26,200/t exw Raipur. Meanwhile, offers from outside suppliers remained high, because of which no deals were concluded. Trade sources are expecting…