Author: Manish Vasdev
-

Central India: Sponge iron offers up by INR 650/t ($9) due to supply shortage
Sponge iron trades remained on an average basis, however supply shortage led to a surge in SteelMint’s benchmark price range by INR 600-700/t, d-o-d in Raipur. As per 4-5 sponge manufacturers, a total of about 3,000 t P-DRI deals have been concluded today at the range of INR 22,500-23,000/t, of which 80% of the material…