Author: Manish Vasdev

Central India: Sponge iron prices drop further despite improved demand

Nov 24, 2020

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by

Manish Vasdev

in Sponge Iron

Sponge iron inquiries in Raipur improved following a slight demand pick-up for billet towards day end, as reported by few local sponge manufacturers. According to SteelMint’s daily assessment, sponge P-DRI prices dropped by INR 450/t to INR 24,300-400/t exw Raipur. As reported by sources, traders have sold decent quantities at INR 24,350-500/t on FoR Raipur…