Author: Manish Vasdev
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Central India – Sponge iron prices drop by INR 100/t, no fresh deals
SteelMint’s assessment of sponge P-DRI fell by INR 100/t to INR 19,800/t exw, Raipur. This is due to no major fresh deals concluded along with drop in billet price by INR 200/t, d-o-d. The major plants haven’t quoted any fresh offers owing to dull trends & sufficient orders in hand. Although, a few of plants…