Author: Manish Vasdev

Sponge iron prices in Chhattisgarh (central India) have hit a 20-month high. The sharp hike was seen in Raipur due to the prevailing supply shortage & hike in pellet offers. SteelMint’s assessment for P-DRI & C-DRI stands at INR 21,800/t & INR 22,700/t, exw Raipur, respectively. A few major suppliers stated that P-DRI offers may…