Author: Rounak Gairarey

JSW Steel, India’s largest private steel producer has increased its gas based DRI (sponge iron) offers by around INR 500/MT (USD 8) for March, 2018 deliveries, according to trade participants. The current offers for FeM 80-82 DRI are reported at INR 23,000-23,500/MT (USD 353-361) which was at INR 22,500-23,000/MT (USD 346-353) in Feb’18. The material…