Author: Manish Vasdev
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Central India: Sponge iron prices hit 20-month high
Sponge iron prices in Raipur hit the highest since Feb’19 with the hike of INR 500/t, d-o-d in recent deals, as per SteelMint’s sources. Today, a total of 5,000 t confirmed P-DRI deals were reported by 4-5 plants at INR 21,300-21,600/t against offers of INR 21,700-900/t exw, for P-DRI. As the majority of plants are…