Author: Manish Vasdev

Sponge iron trades in Raipur resumed today at a firm price range. Total of around 5,000 t confirmed deals were reported for P-DRI at INR 21,700-800/t exw & FoR basis, out of which 60% volume was sold from Raipur based plants, while the remaining was from Raigarh. Sponge iron supply remained low in the spot…