Author: Manish Vasdev

SteelMint’s benchmark sponge iron prices stable on limited trades

Dec 23, 2020

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by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) prices remained stable at INR 26,000/t exw Raipur (central India), on limited trades. Local plants in Raipur have confirmed about 1,500 t trades at INR 26,000/t exw, while around 500 t trades have been reported from Raigarh at INR 25,900-26,000/t FoR Raipur. Industry participants stated that billet makers are holding fresh…