Author: Manish Vasdev

SteelMint’s benchmark sponge iron price declines by INR 400/t ($5.5)

Jan 7, 2021

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by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) prices fell further by INR 400/t to INR 26,000/t exw Raipur (central India). Few deals & bids were reported by SteelMint at INR 26,000/t as against offers of INR 26,300-26,500/t exw Raipur. Also, offers from Raigarh based plants remained on the higher side at INR 26,400-500/t FoR Raipur but no deals…