Author: Manish Vasdev
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India: About 5,000 t of sponge iron sold in Raipur, Chhattisgarh
SteelMint’s price assessment for sponge P-DRI (FeM 80%) rose by INR 200/t to INR 34,600/t exw Raipur. Prices recovered slightly on improved bids and price recovery in billets. About 3,550 t of deals for FeM 80% material were reported at around INR 34,400-34,900/t, with a majority of deals recorded at INR 34,400-34,600/t exw & DAP…