Author: Manish Vasdev

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

Dec 31, 2020

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by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) prices increased by INR 200/t to INR 25,900/t exw Raipur (central India). A total of around 3,000 t P-DRI deals were reported at INR 25,800-900/t as against offers of INR 25,900-26,000/t exw Raipur. Few buyers have resumed purchases on expectation of positive trend in Jan’21 amidst strengthening billet prices, sources shared…