Author: Manish Vasdev

SteelMint’s benchmark sponge iron prices up by INR 100/t despite limited deals

Dec 24, 2020

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by

Manish Vasdev

in Sponge Iron

Sponge iron (P-DRI) prices today moved up slightly by INR 100/t in Raipur (central India), despite limited trades of around 1,500 t as reported by producers at INR 26,000-26,100/t on exw & FoR basis from Raigarh. A few offers were also heard from traders at INR 25,800-900/t on advance payment. The billet makers in Raipur…