Author: Manish Vasdev

Sponge iron prices dropped by INR 100/t d-o-d in Raipur (central India) due to limited spot trades. The majority of buyers have held their bids due to price volatility & expectations of a drop in prices. Today, the local plants have floated P-DRI offers at INR 25,300/t, while only about 1,000 t confirmed deals were…