Author: Manish Vasdev

SteelMint’s price assessment for sponge P-DRI (FeM 80%) climbed INR 700/t to INR 32,000/t exw-Raipur. About 3,220 t of deals for FeM 80% P-DRI were reported at INR 31,900-32,000/t on exw, while around 4,000 t of FeM 77-78% material was traded at INR 31,300-31,800/t on DAP Raipur basis. Demand remained active on rising billet prices…