Author: Manish Vasdev

SteelMint’s benchmark sponge iron price drops by INR 100/t on limited trades

Dec 21, 2020

—

by

Manish Vasdev

in Sponge Iron

Benchmark sponge iron (P-DRI) prices, today fell by INR 100/t to INR 26,000/t exw Raipur (central India) due to limited trades. Local plants in Raipur have floated offers at INR 26,300-500/t exw, while a few deals have been reported at around INR 26,000/t exw & FoR basis from Raigarh. Industry sources reported that sponge prices…