Author: Manish Vasdev

Central India: Sponge iron prices rebound by INR 500/t on strong demand

Oct 12, 2020

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by

Manish Vasdev

in Sponge Iron

Renewed buying for sponge iron has resulted in a surge in prices by INR 500/t, d-o-d, in Raipur. According to SteelMint, about 5,000-6,000 t sponge P-DRI deals have been concluded today at INR 19,400-600/t as against INR 19,100-200/t exw, on 10 Oct’20. The majority of bigger Raipur based sponge plants have closed sales despite active…